AchmatK
Honorary Master
On average my system generates 14 000kWh per year. At todays tariff of ±R2.50/kWh that comes to R35k in year one that is not going to Eskom or municipality.Total electricity cost for house A is not R500 p/m. That figure has to include purchase, installation, maintenance and repairs of the solar system. As a bonus it needs to include the opportunity cost of tying up potentially R100-500k in an illiquid, depreciating "investment/asset". As an example R150k in a 6% p.a. account will net you R750 a month
Compounded over 10 years and a moderate annual increase of 8% which by year 10 would be R70 000 per year. The system should assist still be able to go on fire a further 5 years before anything needs to be replaced.
It's even worse for house B who will be paying R4 000 every month for usage plus whatever the connection fee will be at that point.
This is my real world data from my setup. Grid provided electricity is more expensive even with expensive lithium batteries. In 2 years time my pv generated electricity will be cheaper than anything CoCT can provide.


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