Hikes reduce solar payback period
Consumers are outraged following Eksom's announcement that it will increase electricity tariffs by 45% for three years, starting in 2010. Although the price hikes will result in higher electricity bills, the payback period on solar geysers will be reduced significantly.
If your monthly bill was around R1 000 at the beginning of 2009, it should be around R1 450 at the moment, following April's 30% increase. With the first 45% increase in 2010, your monthly electricity bill will be around R2 103 per month.
With a Solahart solar geyser, you will save up to 40% on your monthly bill. After the first 45% increase, you will save R841 per month on your electricity bill, resulting in a yearly saving of R10 092.
With only the first increase, your savings would pay for your Solahart solar geyser in less than three years. Should electricity prices increase a further 45% in 2011 and 2012, you will be saving R16 097 per year on your electricity bill by 2012.
With mammoth electricity price hikes in the pipeline, there has never been a better time to invest in a Solahart solar geyser.
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Solahart in the media
Solahart has been operating locally for 27 years and was the first solar water heater in South Africa to receive the SABS mark of approval. Eskom's controversial price increase application has generated a lot of media attention for alternative energy industry.
Solahart was asked to contribute our knowledge to an article on solar water heating that appeared in the Sunday Times on 18 October. Read the article here.
Our aesthetically pleasing unit is recognized across the world. The Sunday Independent published a picture of a Solahart unit with an article on solar water heating on 18 October. See the picture and article here.
Solahart co-chairs at the SWC
Solahart managing director Jim Hickey has been in the South African solar industry for almost three decades. The Solar World Congress (SWC) was recently hosted in South Africa. The organizers approached Hickey to co-chair a session.
"As the South African market leader in solar water heating, it is important for us to be involved wherever solar water heating is the subject matter," said Hickey in an interview.
"It is extremely flattering to be considered an industry expert at an international event like the solar world congress. I am grateful for the opportunity to share the knowledge that I've gained over the years with other industry players," he continued.
"The world congress did a lot to focus the attention of the media and the public on solar energy. I believe Eskom's planned increases will make solar energy a necessity in all South African households. It is important for government, solar suppliers and consumers to have open conversations regarding the future of solar. I believe the solar world congress and organisations like the Sustainable Energy Society of Southern Africa provide a great forum for people to engage," concluded Hickey.