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Here’s how a solar geyser will provide you with a 25% ROI, year-on-year, tax-free

The figures below are based on a monthly electricity bill of R3000 for an average family of four.  At least 30% of that bill will be for water heating, although our experience has shown this figure is much closer to 40%.

Expected Savings from 200l Solar Geyser:

Average electrical consumption of geyser: 15kWh per day
Expected solar saving on electrical geyser:
70%
Total expected monthly savings:
R882/pm
(15kwh x 70% x R2.80/kWh x 30 days = R882/pm)

Consider that a 200litre electric geyser will use 4kWh per hour, for at least 4-6 hours per day.  That’s at least 600kWh per month just for a hot bath or shower. A bigger geyser means even more of your money, blown.  Now multiply those kWh by your electricity charge rate – get the picture?

Insane, right? Yet every month and for years, this is exactly what you have been doing if you have not converted your inefficient electric geyser to a solar geyser or heat pump solution.

Consider this:  Go to the ATM, draw R880 cash. Whip out a lighter, set fire to the money you have just drawn, watch it burn, and toss the ashes in the bin.  Go home, and be really hacked with yourself about what you have just done, but do nothing about it.  In a month’s time, repeat this exercise.  And next month do the same, and keep doing this in perpetuity.

Each year, increase the amount you burn every single month without fail by at least 15%. This year you’ll burn R10 600, next year R12 200, the year after R14 000, by year 4 it will be R16 100 and year 5 it will be R18 500, and so it goes.  

YOUR cash.  Paid dutifully every month by you, without fail, to a power utility that has been riddled with outrageous cases of corruption, incompetence and malfeasance – and billing you heftily for the fallout.

Cumulatively, over five years you will burn over R70 000 for your hot bath or shower (when there’s no load shedding of course), for no valid reason other than the fact that you have always done it this way.

Here’s the part that should send you right over the edge

For a once off investment of around R27 000 – you can ditch your expensive electric geyser and install a 200-litre solar geyser or heat pump (fully installed), and slash between 30-40% off your monthly electricity bill, every single month, year on year.

Your renewable investment will pay for itself in around 28 months or 2.4 years and thereafter, you will be saving a packet. In other words, the money you are paying anyway to Eskom, can buy you an amazing asset that puts money back in your pocket, for many, many years to come.

Not only will you be saving a huge amount of money – R70k is not to be sneezed at – you will also have made a huge step towards getting as energy efficient as possible, so that you can get off the grid step-by-step and convert to solar PV electricity generation for your entire home should you so wish.

Let this all sink in for a minute.

Even if you don’t have the cash up front and choose to finance your solar geyser solution, your monthly repayment is still less than what you are paying on your municipal electricity account every month to heat your water.  And while your repayment stays the same for the loan period, your electricity costs will be going up every year by at least 15%.

It’s time to take back your control and stop paying money for something you can generate yourself

Talk to One Energy today and arrange an obligation free consultation.  You will be taking the very best step towards greater energy self-sufficiency, control of you costs  and a lot more of your money back in your pocket.

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