Is your alternative energy investment insured against load shedding?

With load shedding making an unwelcome return and electricity tariffs continuing to rise, South African households are likely to keep investing in renewable power. Whether you are installing an alternative energy solution for the first time or expanding your existing setup, now is the time to review your insurance policy to make sure your equipment is covered. Households are investing in alternative power sources to manage rising costs and reduce their reliance on the national grid.

New rules that will allow customers to be compensated for feeding excess power into the grid are likely to accelerate this trend. However, alternative energy sources don't come cheap, once you add up purchase and installation costs. That's why it's important to review your insurance cover to ensure expensive equipment such as solar panels, inverters, batteries, and generators is protected from the risk of steep financial losses.



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Ernest North.