Households Urged to Invest in Energy Tech

Home Archived Households Urged to Invest in Energy Tech

By Wezi Tjaronda

WINDHOEK

The amount of money rural households spend on energy sources could be used to repay renewable energy technologies from which households could make a profit, an energy expert has said.

A renewable energy baseline survey conducted at off grid sites last year found that households paid as much as N$200 per month for electricity. But this amount paid over five years at an interest rate of five percent per year would be sufficient to repay a solar home system worth about N$10??????’??