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

Speedster said:
The general consensus will always be that any tax incentive is too little. The question is given the allocated budget, what will yield the highest result (increased generation/decreased grid usage).

I'm pretty sure the guys at treasury ran multiple models and decided this would give them most bang for buck.

I get why some guys here would disagree, but their absolute insistence that everyone else is obviously wrong is misguided.
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I personally don't think this viewpoint takes into account the great danger the country is in.

For many, I would imagine the potential at maybe getting R15k back won't incentivize them enough to actually pull the trigger, especially considering the average man would finance this system with debt. This incentive may not at all mean a larger and quicker uptake in additional PV.

Second to this, any tax break doesn't take money out of the government coffers per se. Tax payers are now free to spend that money in their communities, recirculating the tax break through income tax and VAT.

It's plain and simply just too little.
 
Pegasus said:
You do at least understand why the solar panels get the incentive and not the rest right?


As for whether the incentive is good enough, it is not the only thing being done to alleviate the loadshedding crises.
It is just something to help. You do understand that right? I'd also love free solar panels.

I mean I am sure you are aware by now that there are other things happening right? Like City of cape town paying people for electricity fed back to the grid. And new private business generating electricity etc. You know that right?
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Sure, I know all of the above. I just happen to disagree that the incentive offered yesterday is an actual incentive and in reality is as good as useless. A missed opportunity, if you will.

You get that, right? It's been my point for quite a while now.
 
semaphore said:
Cool, let all the people install panels without inverters. Problem solved, grid pressure relieved -- That's your logic and treasuries that is.
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No that is your logic. Why would you provide the incentive for batteries and inverters if you could store eskom power in it.

Try to think about what problem they are trying to help with. The answer is generating electricity. So solar panels get the incentive.

And for the 500th time nobody is saying all you need is the panels. Just you.
 
Spizz said:
Sure, I know all of the above. I just happen to disagree that the incentive offered yesterday is an actual incentive and in reality is as good as useless. A missed opportunity, if you will.

You get that, right? It's been my point for quite a while now.
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So then you are arguing with the wrong person.
Explain to Harmonic et al why only the panels get the incentive.
 
Pegasus said:
No that is your logic. Why would you provide the incentive for batteries and inverters if you could store eskom power in it.

Try to think about what problem they are trying to help with. The answer is generating electricity. So solar panels get the incentive.

And for the 500th time nobody is saying all you need is the panels. Just you.
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You keep mentioning batterie, not once have I mentioned rebate on batteries.

For the 500th time you don’t seem to grasp how power generation happens, remember they’re trying to promote reduction. I’ve thought about the problem, you’re just stubborn and think you’re the only one who is right.
 
Speedster said:
Who suggested installing panels with no inverter? That sounds like something only you have suggested so far
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Keep up, a few of us have already suggested at least inverters should form part of this rebate. Just because you’re slow it’s not my problem.
 
Spizz said:
R60k worth of panels would need how much else spend on other equipment to operate? That's over 9kWp according to the clever people who did the calculations.
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You could add two Solis 4.6kW inverters for R13k a pop. Plus installation and sundries.
 
semaphore said:
You keep mentioning batterie, not once have I mentioned rebate on batteries.

For the 500th time you don’t seem to grasp how power generation happens, remember they’re trying to promote reduction. I’ve thought about the problem, you’re just stubborn and think you’re the only one who is right.
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So what exactly do you now want the rebate on? The inverters and panels?
 
Pegasus said:
No that is your logic. Why would you provide the incentive for batteries and inverters if you could store eskom power in it.
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Make minimum demands. They made it with the solar panels, they put a price to it, so why not say a 5kW inverter, 5kWh battery and 5kWp solar panels as a minimum get x amount of relief? Can you imagine the scramble to join in if it was a decent rebate?

Instead, here we sit with our thumbs up our arses wondering wtf does it take to shake the government into action, but hey, no worries, Pegasus can extend his panels by a few kWp. Crisis over.

Pegasus said:
Try to think about what problem they are trying to help with. The answer is generating electricity. So solar panels get the incentive.

And for the 500th time nobody is saying all you need is the panels. Just you.
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Again, batteries store excess power and can be used to alleviate peak demands which is as good as extra generation to the grid.
 
Harmonic said:
I personally don't think this viewpoint takes into account the great danger the country is in.

For many, I would imagine the potential at maybe getting R15k back won't incentivize them enough to actually pull the trigger, especially considering the average man would finance this system with debt. This incentive may not at all mean a larger and quicker uptake in additional PV.

Second to this, any tax break doesn't take money out of the government coffers per se. Tax payers are now free to spend that money in their communities, recirculating the tax break through income tax and VAT.

It's plain and simply just too little.
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Would R5k rebate on an inverter, R5k on battery and R5k on panels have changed any of your points here?
 
Pegasus said:
So what exactly do you now want the rebate on? The inverters and panels?
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I believe that question has already been mentioned and stated most likely 5 pages back. But yes, not everyone is going to install 60K worth of panels. Some people will just want a small backup system with a small inverter, so at least they help the grid and get a bit back.
 
Spizz said:
Make minimum demands. They made it with the solar panels, they put a price to it, so why not say a 5kW inverter, 5kWh battery and 5kWp solar panels as a minimum get x amount of relief? Can you imagine the scramble to join in if it was a decent rebate?

Instead, here we sit with our thumbs up our arses wondering wtf does it take to shake the government into action, but hey, no worries, Pegasus can extend his panels by a few kWp. Crisis over.



Again, batteries store excess power and can be used to alleviate peak demands which is as good as extra generation to the grid.
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So you are still struggling with the very basics here?

The rebate is only available for solar PV panels, and not inverters or batteries, to focus on the promotion of additional generation.
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Speedster said:
Would R5k rebate on an inverter, R5k on battery and R5k on panels have changed any of your points here?
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While I think it wouldn't be enough, it would still be a better incentive. If I had to guess, 90% of installs won't reach the R15k rebate mark
 
Brainless fukks being thinking up great plans again which are usually the run of the mill cANCer brain fart bullsh|t.
 
semaphore said:
I believe that question has already been mentioned and stated most likely 5 pages back. But yes, not everyone is going to install 60K worth of panels. Some people will just want a small backup system with a small inverter, so at least they help the grid and get a bit back.
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People storing eskoms power in a battery is not helping to create electricity.

The incentive is for: to focus on the promotion of additional generation.
 
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