Recommend a (smart?) Solar Geyser

Firstly never insure through a bank insurance product because their wording and premiums are ridiculous.

I have a Suntank 200L geyser with controller.
Set required temp and leave
You can switch of electric backup power totally or have it warm the water up at certain times when cloudy

Make sure you get the CoC

Best to have a gas geyser in the kitchen to stop continuous opening of taps

I have saved and it paid for itself within about 2 years

On going R1250 every 2nd year for service.

Cost was 5 years ago about R17 000 with controller

Very happy
still happy with your Suntank?
what controller did you get? Can you see temperature with the controller?
 
still happy with your Suntank?
what controller did you get? Can you see temperature with the controller?
Actually yes very happy.
It originally came with some German Sol controller and when that ones battery packed up I installed a Geyserwise.

Works very well.
 
Also @Saajid instead of getting 1 300L geyser split it rather get 2 x150l geysers (if you can afford to)
split the bathroom and match the least used bathroom with the kitchen - i find the kitchen the biggest waste and you going to need to heat water more often because of it.

or get only one for the bathroom and install a gas geyser for the kitchen to use (that's what i did)
also consider a mini under counter geyser with a smart switch for the kitchen - near instant hot water they are normally well insulated
 
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