Did you know the average U.S. household spends $1,700 annually on electricity bills? With utility rates climbing 4.3% yearly since 2021, solar financing options like FNB's programs have become financial lifelines for homeowners. The global residential solar market is projected to hit $12.8 billion by 2027, driven by innovative financing models that remove upfront cost barriers.
With energy prices rising 18% since January 2024 according to the 2025 Renewable Energy Outlook, households are racing to adopt solar thermal solutions. A basic DIY system can slash water heating bills by up to 60% – but how many homeowners actually understand the engineering principles behind this technology?
Ever wondered why Free State residents pay 18% more for electricity than South Africa's national average? With Eskom's rolling blackouts becoming weekly occurrences, solar panels in Bloemfontein aren't just eco-friendly - they're survival tools. Last month's municipal report showed 47% of households experienced >6hr daily outages during peak summer demand.
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