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There has never been a more important time to switch to green energy

As Nigerians grappling with the relentless rise in the cost of conventional electricity and the urgent need to develop sustainable solutions to our energy needs, the current moment presents an unprecedented opportunity to transition to green energy.

In a landscape where the affordability and availability of essential utilities such as electricity are increasingly strained by economic pressures and infrastructure challenges, the need to seek alternative, renewable energy sources has never been more pressing.

About two years ago, the average family spent about N10,000 on electricity every month. Although supply is not guaranteed and even when it arrives, it is irregular. sometimes the current will be too low to meet basic needs.

The world is undergoing a major energy transition on a global scale.

The United States, the United Kingdom, most European countries and several developed countries have set goals to completely switch to green and renewable energy between 2030 and 2050. The United Nations through its Sustainable Development Goals program is trying to achieve this and significant progress has been made.

Africa, where most countries are still developing and still grapple with several political, economic and social issues, is several miles behind in achieving the above goals. We face many serious problems on the continent, and sustainable development is taking a backseat to most activities on the continent.

But the truth is that we don’t have much time to catch up. The cost of basic electricity has skyrocketed over the past few decades. In Nigeria, the cost of a kilowatt of electricity has recently increased by about 240 percent. Unexpected and never seen before.

The Nigerian Electricity Regulatory Commission (NERC) has increased electricity tariffs for urban consumers by 240 percent amid rising inflation in the country.

The new rate, which will take effect immediately, has increased to 225 yen per kilowatt hour (kWh), a significant jump from the previous 66 yen per kWh. These customers – classified in the Band A category – use electricity for 20 hours a day and constitute 15 percent of the 12 million registered electricity customers in the country.

While there are valid reasons for this, economic reality does not support this at all, as even the great and powerful cannot keep up with this growth. Before this increase, you could get as much as 1,400 kilowatts per 100,000. N on the mentioned A band, which guaranteed 20 hours of power per day. The same thousand N100 will struggle to produce about 400 kilowatts.

According to the latest data, the average salary in Nigeria varies depending on several factors such as industry, location and education or skill level. However, as of 2022, the average monthly salary in Nigeria was estimated at around ₱30,000–50,000 for low-skilled or entry-level jobs. Skilled professionals in sectors such as banking, oil and gas and IT can earn significantly higher salaries, ranging from £100,000 to £500,000 or more per month, with a GDP of $2,000 per capita.

I don’t know where this latest hike will lead, all of this is expected to make life harder for the middle and even upper classes in a country struggling as the rich are already screaming.

Back to my topic: What better time than now to demand innovative ways to stay above the tide and tide of the energy crisis? I think it’s time, right now, to adopt sustainable ways of producing energy.

Since the creation of the world, we have been blessed with solutions through God’s natural creation. We have the sun, wind and water that can be used to create this energy without damaging the solar system, which is a serious disaster that could happen if proper precautions are not taken.

There’s no better time to think about solar energy regulations

There is no better time to start building sustainable and affordable homes that rely less on electrical and mechanical means of ventilation, heating and lighting.

We need to start using as many energy star appliances as possible if we don’t see how we can reduce the costs of conventional energy. We need to start implementing sustainable technologies in our everyday lives.

It’s time for sustainable development.

We must take responsibility for our environment and make it sustainable. We must manage the natural resources around us to ensure that our meager earnings are not needlessly wasted on powering our communities. We must heed nature’s warnings.

The universe is overheating, our pockets are hurting! Let’s look inside ourselves and make the right transition. Let our government and leaders create incentives for those implementing these technologies, and let subsidies for this initiative be regulated and monitored. I believe that if there is a will, there is a way. Let the people creating these policies have the will that can end global warming and possibly reverse its effects in the decades to come.

It’s time to think inward. Alternative energy sources offer Africa numerous benefits, solving a wide range of challenges facing the continent and its people. Here are some key advantages:

Energy security: Africa’s heavy dependence on fossil fuels, particularly imported petroleum products, makes its energy infrastructure vulnerable to supply disruptions and global price volatility. Using alternative sources such as solar, wind and hydropower can increase energy security by diversifying the energy mix and reducing dependence on finite resources.

Cost-effectiveness: While the initial investment in renewable energy infrastructure can be significant, the long-term operating costs of using solar, wind and hydropower are much lower than those associated with traditional fossil fuels. Once installed, renewable energy systems require minimal ongoing fuel and maintenance expenses, making them cost-effective solutions for both individuals and governments.

Job creation: The transition to renewable energy offers huge job creation opportunities across a variety of sectors, including manufacturing, installation, maintenance and research and development. By investing in renewable energy projects, African countries can stimulate economic growth, reduce unemployment rates and support innovation and skills development in emerging industries.

Environmental Sustainability: Unlike fossil fuels, which emit harmful greenhouse gases and contribute to climate change, renewable energy sources produce minimal or no carbon dioxide emissions during operation. By leveraging clean energy technologies, Africa can reduce its environmental carbon footprint, protect natural resources and contribute to global efforts to combat climate change and achieve the Sustainable Development Goals.

Rural electrification: Alternative energy sources such as solar microgrids and small hydroelectric systems offer scalable solutions to increase access to electricity for remote and underserved rural communities. By decentralizing energy production and distribution, renewable energy technologies empower local communities, improve living conditions and bridge the energy access gap between urban and rural areas.

Climate change resilience: As Africa struggles with the adverse impacts of climate change, including extreme weather events, droughts, floods and desertification, renewable energy systems offer resilient and adaptive solutions. Solar and wind power in particular are abundant and decentralized energy sources that can withstand climate disruptions and provide reliable electricity in times of crisis.

Energy independence: By harnessing abundant renewable energy resources, Africa can reduce its dependence on imported fossil fuels and achieve greater energy independence. Domestic renewable energy production strengthens national security, mitigates geopolitical risks associated with energy imports, and promotes self-reliance in meeting the continent’s growing energy demand.

Overall, the adoption of alternative energy sources represents a transformative opportunity for Africa to build a sustainable, inclusive and prosperous energy future that will benefit both present and future generations.

It is time to appeal to the entire continent; we can’t wait for a developed country to fund or drive it. Let’s open our eyes, see the consequences and turn right. This will save our pockets and save our continent.

God bless Africa.

Fakanlu Adonis oluwabusuyi is the Founder/CEO of Comfort Architectural Finishing Ltd.