With the cost of living in South Africa very high, having some relief from these high costs would be ideal.
The discussions on renewable energy continue as the country is also required to reduce its carbon emissions through a robust renewable programme.
The bid window for renewable energy is open again and is due to kick off in November, a project that could be worth R50 billion.
Green Cape energy researcher, Reshmi Muringathuparambil says the cost of generating from renewable energy projects is far more cost-effective.
Today the cost of solar is around 60c a unit whereas the average domestic tariffs is about R2 a unit. If not for the environment, it makes a lot of sense for your wallet, economic growth and of course jobs that will be created from these projects.— Reshmi Muringathuparambil, Green Cape energy researcher
In a country that has a big problem of unemployment we need to consider if we are going to keep a few jobs or create a lot more new jobs.— Reshmi Muringathuparambil, Green Cape energy researcher
To hear the rest of the interview on renewable energy, listen below:
This article first appeared on CapeTalk : Renewable energy could create jobs