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Cape Town, July, 11, 2023: New Study Reveals Potential Savings in the Millions - Plus Uninterrupted Business Operations - All While Contributing to a Sustainable Future The future of business in Cape Town is sunny - both literally and figuratively. A recent study has uncovered an opportunity that businesses, regardless of size, cannot afford to ignore. Solar power. Imagine a scenario where you can run your business at a lower cost, eliminate the worries of loadshedding, and contribute to a sustainable future—all at the same time. Too good to be true? Not according to our findings. We investigated the costs and potential savings associated with both grid-tied and hybrid solar systems. The numbers are compelling. A grid-tied solar system's capital expenditure ranges from R11,000 per kWp to R14,700, depending on the size of the system, while a hybrid solar system with a 2-hour-plus battery backup ranges from R21,500 to R27,350 per kWp. This spells good news for businesses of all sizes. Small businesses currently paying the City of Cape Town R2.35/kWh can secure a Power Purchase Agreement (PPA) rate as low as R1.86/kWh. Medium-sized businesses can reduce their rates from R1.81/kWh to R1.70/kWh. And large businesses? You can slash your current rate of R1.76/kWh to an impressive R1.49/kWh. Let's put those numbers into perspective. Over the next decade, small businesses that opt for grid-tied systems can expect savings of over R450,000. For large businesses, the savings can skyrocket over R1.2 million. Furthermore, by choosing a hybrid solar system, small businesses can pocket savings over R170,000, and large businesses over R740,000—while ensuring uninterrupted business operations. You see, a Power Purchase Agreement (PPA) isn't just any agreement. It's a promise of stability, savings, and sustainability. It's a contract that places solar and battery equipment at your premises—with no upfront costs—and enables you to purchase electricity at a rate …