Consumers and businesses believe there are many competitors in the renewable energy products market, but affordability may be a potential barrier to accessing renewable-energy solutions, which may inhibit the widespread adoption of these products, a survey conducted by the Competition Commission shows. The survey of renewable-energy products in South Africa, bought by consumers and businesses between 2021 and 2023, shows that, despite renewable energy product prices decreasing globally, 60% of consumers consider prices to be expensive and unaffordable, and 45% of businesses indicated that the cost of renewable-energy products is high.
