When power costs more, energy independence matters more :: Mmegi Online

The conversation about electricity in Botswana is shifting as it sits at the heart of the economy. Electricity is no longer seen only as a household utility or business expense, but increasingly as a matter of affordability, reliability, and resilience. Rising costs and ongoing power interruptions are prompting greater consideration of alternative energy sources.

Reliable electricity is essential for productivity, from small shops to manufacturing plants. The recent nine (9) percent electricity tariff increase for 2026/27, effective 1 August 2026, highlights rising power costs. The shift to alternative energy is now as much an economic decision as an environmental one.

The Absa Green Energy Loan supports customers in transitioning to solar energy by offering up to 100 percent financing for solar panels and related components. At Absa Bank Botswana loans are available up to P500,000, with repayment terms of up to 84 months and an interest rate linked to the Absa Prime Lending Rate.

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When power costs more, energy independence matters more

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