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There are 2 main ways of harnessing the sun’s energy and both options are available in South Africa: solar thermal panels absorb heat which is stored as hot water, and photovoltaic cell panels (PV’s) convert sunlight into electricity.
The payment structures work in the following way: if the customer wants to rent a 150 litre Solar Water Heating System, the normal retail price with installation costs included will be about
R 13400, with the rebate from Eskom set at R4900 and it is clear from the below calculator that the monthly rental will be R531.71 over 36 months, R445.68 over 48 months and R396.37 financed over 60 months.
THE MONTHLY RENTAL CALCULATOR:
All Safrelec products can be financed this way, including Photovoltaic solar panels.
Solar Paneling system |
Eskom Rebate |
System Total Cost |
36 months |
48 months |
60 months |
SAFRELEC 100Lt Direct Close Coupled Thermosiphonic System |
R4, 966.00 |
R12, 200.00 |
R493.12 |
R405.77 |
R360.88 |
SAFRELEC 150Lt Direct Close Coupled Thermosiphonic System |
R4, 900.00 |
R13, 400.00 |
R531.71 |
R445.68 |
R396.37 |
SAFRELEC 150Lt Direct Split Pumped System |
R5, 035.00 |
R15, 000.00 |
R595.20 |
R498.90 |
R443.70 |
SAFRELEC 200Lt Indirect Close Coupled Thermosiphonic System |
R5, 695.00 |
R20, 300.00 |
R756.38 |
R623.01 |
R545.06 |
SAFRELEC 200Lt Indirect Split Pumped System |
R7, 300.00 |
R22, 000.00 |
R819.72 |
R675.18 |
R590.70 |
In most cases the customer’s electricity costs incurred by the current electrical geysers are far more than the monthly rental that will be payable if a SWH system was financed this way. As from April 2010 with the expected 35% increase in electricity prices, the monthly rentals of a financed SWH system will be by far cheaper than the customers electricity costs incurred by a electrical geyser.
Every day 8, 000 times more energy than we currently use reaches us from the sun!
Only around 40 million homes worldwide currently get hot water from solar thermal panels, but considering one of the major advantages of thermal and photovoltaic’s is to bring improved living to remote communities that are not linked to a supply grid, this is the perfect solution for our country.
Safrelec Alternative Power Solutions
Phone: +27 (0) 860 35 35 00
Website: www.safrelec.co.za
Email: safrelec@safrelec.co.za