Hi ElecEng, let me explain how the figure of R200 was reached.
Firstly we take the NASA average solar radiation for the year in kWh/m2/day [1],
(Using Cape Town, this takes into account hours of sun/day and geoposition)
[table="width: 500"]
[tr]
[td]J[/td]
[td]F[/td]
[td]M[/td]
[td]A[/td]
[td]M[/td]
[td]J[/td]
[td]J[/td]
[td]A[/td]
[td]S[/td]
[td]O[/td]
[td]N[/td]
[td]D[/td]
[/tr]
[tr]
[td]8.17[/td]
[td]7.3[/td]
[td]5.91[/td]
[td]4.3[/td]
[td]3.09[/td]
[td]2.64[/td]
[td]2.85[/td]
[td]3.67[/td]
[td]4.92[/td]
[td]6.46[/td]
[td]7.68[/td]
[td]8.18[/td]
[/tr]
[/table]
We then use the size and efficiency of the Renesola 305W to calculate the energy produced per month.
(Renesola 305W = 2m2 @ 15.7%)
[table="width: 500"]
[tr]
[td]J[/td]
[td]F[/td]
[td]M[/td]
[td]A[/td]
[td]M[/td]
[td]J[/td]
[td]J[/td]
[td]A[/td]
[td]S[/td]
[td]O[/td]
[td]N[/td]
[td]D[/td]
[/tr]
[tr]
[td]79.53[/td]
[td]64.18[/td]
[td]57.53[/td]
[td]40.51[/td]
[td]30.08[/td]
[td]24.87[/td]
[td]27.74[/td]
[td]35.72[/td]
[td]46.35[/td]
[td]62.88[/td]
[td]72.35[/td]
[td]79.62[/td]
[/tr]
[/table]
Using the Cape Town Electricity tariff of pre-paid, beyond 350KWh of 287.42 c/kWh [2].
(We use this rate, if you don't use more than 350KWh/month, this system is not for you, as it would take too long to amortize.)
[table="width: 500"]
[tr]
[td]J[/td]
[td]F[/td]
[td]M[/td]
[td]A[/td]
[td]M[/td]
[td]J[/td]
[td]J[/td]
[td]A[/td]
[td]S[/td]
[td]O[/td]
[td]N[/td]
[td]D[/td]
[/tr]
[tr]
[td]228.58[/td]
[td]184.47[/td]
[td]165.35[/td]
[td]116.42[/td]
[td]86.45[/td]
[td]71.48[/td]
[td]79.74[/td]
[td]102.68[/td]
[td]133.21[/td]
[td]180.73[/td]
[td]207.94[/td]
[td]228.86[/td]
[/tr]
[/table]
So you see, that during Summer (Nov/Dec/Jan) you are saving R200/month, the rest of the year you do not save as much.
On average, over the whole year, you save R150/month giving an amortization rate of just under 5 years (assuming no electricity increase) and an amortization rate of 4.5 years if electricity goes up at the current rate of 12.69% a year.
I have uploaded my spreadsheet to :
http://www.evoltenergy.co.za/downloads/2015-10-28-amortization.xls
Please have a look, and if you see anything that I have wrong, please let me know and I will correct it.
Here is a link to the NASA site and City of Cape Town Electricity Rates
[1]
https://eosweb.larc.nasa.gov/cgi-bi...a.gov&p=grid_id&p=swvdwncook&step=2&lon=18.22
[2]
https://www.capetown.gov.za/en/elec...ntial Electricity Tariff Explanation 2015.pdf
Kind Regards
Peter
Evolt Energy - Technical.
Save money everyday, make your own electricity.