FINANCE
This will reduce electricity dependence , but also , should you be able to install solar into your home , you will require less Kilowatts ( kW ) and your installation will cost less . South Africans are already on the trajectory of becoming more energy efficient , since as early as 2007 .
In addition , water security is becoming a reality as aging infrastructure and electricity outages impact on supply . Installing a water tank is far more affordable than electricity alternatives , with tanks ranging from around R2,500 to R15,000 .
Homes with hybrid electricity solutions ( pairing solar with inverters ), water storage , boreholes and grey water systems continue to demand higher prices . Eco estates and complexes with solar are sought after with the added benefit of security and alleviating the hassle of maintaining systems from owners . Finally , as interest rates ease and lending is made
83 APRIL / MAY 2023 SA Real Estate Investor Magazine