Tax breaks for rooftop solar in South Africa come with a big catch

[Benedict A55h0le not]

Of course they can be distinguished between them … you send invoice and CoC etc … which would state that’s solar panels have being installed

Extra admin, easier to just rebate the panels, since the amount is so small.

 

[Pegging]

My install is tomorrow. Guess I will do the compliance on 1 March then.

 

[OCP]

How rediculously underwhelming. Another missed opportunity by those useless clowns

Did you honestly expect anything different?

This is nothing more than a token gesture just to show they did *something*.

 

[porchrat]

Eskom: "You should be feeding that into the grid instead of into your battery like a good socialist."

You really struggle with what socialism is.

Solar installer's charging you a fee to register the solar: "OMG it's socialism! How dare a private individual charge me for work!"

Person feeds excess electricity back into the grid of their own free will, perhaps even for compensation: "OMGWTFBBQ that's socialism!".

Person helps out his neighbour of his own free will: "Jesus H Christ this socialism is out of control!"

 

[Benedict A55h0le not]

Good grief, you are truly obsessed with this socialist rubbish hey?

But to simplify things for you, I’m not feeding anything back. I’m using the solar to run my house in the day and the batteries at night. That mean I score, which is good, and as a side affect, the grid scores as well. But trust me fella, my scoring is the important part here.

So how do they then score by rebating your battery again? If you don`t feed in? The rebate is meant for them to score more electricity, not for you to not suffer blackouts.

 

[Dan C]

So the TLDR:

For private households, individuals who install rooftop solar panels from 1 March 2023 will be able to claim a rebate of 25% of the cost of the panels, up to a maximum of R15,000.

An individual who purchases 10 solar panels at a cost of R40,000 could reduce their personal income tax liability for the 2023/24 tax year by R10,000.

Either way. If you had to spend R150k you will be saving up to R15k in taxes assuming you pay around 30% of your total income in the year.

 

[Benedict A55h0le not]

You really struggle with what socialism is.

Solar installer's charging you a fee to register the solar: "OMG it's socialism! How dare a private individual charge me for work!"

Person feeds excess electricity back into the grid of their own free will, perhaps even for compensation: "OMGWTFBBQ that's socialism!".

Person helps out his neighbour of his own free will: "Jesus H Christ this socialism is out of control!"

SA is the most socialist country in the world, deal with it. Everything the ANC does is socialist flavoured.

 

[porchrat]

That is just you. Every flat dweller with a power station is making LS worse. And it is not feasible to distinguish between you and the flat dweller.

Just check who buys a significant number of panels relative to the install and who doesn't. It's very easy to tell the difference between an install that impacts the grid and one that doesn't.

 

[Benedict A55h0le not]

Just check who buys a significant number of panels relative to the install and who doesn't. It's very easy to tell the difference between an install that impacts the grid and one that doesn't.

For millions of installs? Major admin compared to just rebating the panels. They want new panels not inverters and batteries with no panels. That makes sense. They are focusing the rebate on generation only.

 

[porchrat]

SA is the most socialist country in the world, deal with it. Everything the ANC does is socialist flavoured.

I agree that by your definition of what socialism is South Africa is probably the most socialist country in the world.

 

[porchrat]

For millions of installs? Major admin compared to just rebating the panels. They want new panels not inverters and batteries with no panels. That makes sense. They are focusing the rebate on generation only.

Generation is absolutely useless without the inverter to go with it. Even the batteries are arguably part of reducing load during peak times.

It's not major admin. Just provide evidence of the solar panel purchase. They've got to read the documents regardless. The admin effort is already present regardless.

 

[Spizz]

So how do they then score by rebating your battery again? If you don`t feed in? The rebate is meant for them to score more electricity, not for you to not suffer blackouts.

They score more electricity by me not using it. Take the 30kWh a day that I generate and use my self and then multiply it by however many people there are with a solar, inverter and battery system and the relief on the grid could be huge.

And to add, most people with a decent specced system have spare capacity in the afternoon after the batteries are charged and the washing machine and dishwasher have stopped. I could easily add another 10kWh to my total, but my batteries are full, my house doesn’t need it so if only I had someone to give it to

 

[Benedict A55h0le not]

Generation is absolutely useless without the inverter to go with it. Even the batteries are arguably part of reducing load during peak times.

Batteries from their perspective are needed for surplus, but there never is surplus anyway. Yes an inverter is needed for panels, but an inverter does not mean new generation, only panels mean that.

 

[Pegging]

Just check who buys a significant number of panels relative to the install and who doesn't. It's very easy to tell the difference between an install that impacts the grid and one that doesn't.

It requires admin. You can also sell the panels later.

 

[Dan C]

Indeed.

If it's just R15k off my taxable income instead of a flat R15k back from SARS then it's even more pathetic.

It should work the same as an RA. They will tax you normally, then calculate what you should've paid. And then refund you up to R15k

 

[Benedict A55h0le not]

They score more electricity by me not using it. Take the 30kWh a day that I generate and use my self and then multiply it by however many people there are with a solar, inverter and battery system and the relief on the grid could be huge.

And to add, most people with a decent species system have spare capacity in the afternoon after the batteries are charged and the washing machine and dishwasher have stopped. I could easily add another 10kWh to my total, but my batteries are full, my house doesn’t need it so if only I had someone to give it to

SO why must they rebate your battery and inverter also? Why split the R15k off onto components that does not generate?

 

[porchrat]

Batteries from their perspective are needed for surplus, but there never is surplus anyway. Yes an inverter is needed for panels, but an inverter does not mean new generation, only panels mean that.

Again, just supply proof of panel purchase along with the inverter install. It's not rocket science and it's not a particularly large amount of admin considering they already have to read the solar panel install document anyway.

Though it's probably socialism right?

 

[semaphore]

Batteries from their perspective are needed for surplus, but there never is surplus anyway. Yes an inverter is needed for panels, but an inverter does not mean new generation, only panels mean that.

Both you and the ANC failed at understanding how solar generation works.

 

[porchrat]

It requires admin. You can also sell the panels later.

You could sell the panels later currently. Same problem, same admin.

 

[Benedict A55h0le not]

Both you and the ANC failed at understanding how solar generation works.

Oh it`s you again, my stalker, you have already proven you know nothing young paddawan.