ENERGY/Energy self-reliance booms

 

Johannesburg – Power outages are expected to continue for the next three years. Business and individuals reacted to the scourge as the economy has experienced electricity crisis since 2008, struggling to meet growing demand. MTN and Standard Bank,

NEWS

February 12 th, 2015

among other companies, have decided to run their own power supply to keep lights on at their business. MTN has installed a 2MW power plant and expect to increase it to 24MW within three years while Standard Bank has generated 1MW. They reduce their reliance on Eskom and only spend 0.87 cents per KWH instead R1.40/KWH to Eskom. Individuals are also planning to find a way to be self-reliant.


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