One of the age old questions I get asked is this – Does solar make cents(sic)?
The smartass answer is of course “it depends”.
Eskom is fast turning that answer into “extremely well” though.
Looking at the math, the average household with say 1100KW usage a month or R1800 a month average bill in Cape Town pays these rates:
600KW @ 1.56 = R936
500KW @ 1.86 = R930 (over 600KW is billed at higher rates)
Monthly thats R1866. Lets round that down to R1800 for ease of use.
1100KW / month is 36KW / day.
36KW daily usage = 1.5KW/hr on average. Ouch.