According to Business Tech (www.businesstech.co.za), the Franchise Association of South Africa (FASA) has warned that the country’s businesses should prepare themselves for the return of load-shedding. Therefore, reliable and cost-effective alternative energy sources are much needed!
The group said it has learnt of a risk of power outages returning in late August or September, which will once again have a devastating effect on small businesses, homes and offices.
“Just two days ago one of the most well known business-to-business brands in South Africa stated that the brand lost no less than R8 million in sales pertaining to just one sector of their business due to load shedding in March this year,” said Vera Valasis, executive director of FASA.”
“Further loss of economic activity due to renewed load shedding is unaffordable and may push many small franchises to the brink of bankruptcy,” she said. “The increase in labour costs, electricity, supply of goods, rentals, petrol and many other costs have more than doubled in the last ten years. However, sales growth simply fell far short of having doubled over the same period which puts incredible pressure on profitability.”
FASA’s concerns echo those of Intellidex analyst Peter Attard Montalto, who has warned of a ‘very strong risk’ of load-shedding returning to South Africa in August or September. “There is actually a very strong risk of load-shedding coming up at the end of August and into the start of September, so it will be interesting to see if they recognise that,” Attard Montalto said.
Deciding on the right electrical items you will need in a power outage is a must in order to meet your business needs or your personal needs. Titan Electrical and our courteous Service Professionals are here to help you! Contact Titan Electrical for your electrical solutions today! Request for service now on our website!
Tips to survive the soon-to-be load shedding:
Install a Home Generator
In areas that are prone to frequent power outages, having a home standby generator is a wise move. Even in areas where outages are less common – a backup plan makes life that much easier.
Install a Solar Energy System
Go green – arrange solar power solutions from Titan Electrical .
Install a solar geyser, get solar lamps to put outside in the garden and take inside when the lights are out.
Battery operated lights
You can get lanterns, torches and other battery operated lights to keep around the house when the power goes off.
Get a generator
This is the more expensive option, but depending on your needs and your budget, getting a generator may be a good idea
Install surge protection
Electric surges are one of the biggest causes of damage to equipment during a power outage, Installing a surge protection device can help minimise some damage.