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Are solar panels worth it in 2022?

In this article, we’ll help you answer the question: “Is it worth it to buy solar panels?” For most people, solar panels are worth the investment, but they may not be right for you in some rare circumstances. However, even renters may have solar options if their property owners or managers are open to it.

The amount you’ll save by going solar will vary based on factors including how much you pay for electricity, how much your installation costs, how much energy you use, what rebates and
Virtually everyone has solar energy options, regardless of if you’re a homeowner, renter, or leasing their business property.
The amount you’ll save by going solar will vary based on numerous factors.
Most property owners will see a return on investment in less than 10 years.
You can maximize your solar savings by shopping around and learning more about your options.

Financial Benefits far outweigh the opportunity cost of buying a solar system now

When solar panels are worth it, and when they aren’t

Solar panels are usually most worth it if:

You own your property. Renters or business owners who do not own their property should speak to the property owner prior to making any plans to install a solar system.
You pay a high price for electricity. The higher your electric rate, the faster your solar panel system will save you money. These days, solar shoppers “break even” on their solar investment in seven to eight years.
You get a good price for solar. In 2022, an average 10 kilowatt (kW) solar panel system costs about R150,000. Prices on Soleil Africa are usually lower than market prices, so you know you’re getting a good deal.

If you fit these criteria, solar panels are probably worth it! What’s more, even homes and businesses that don’t meet these points perfectly can benefit from solar with the right installation

Solar Panel Installation Process

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Transitioning to power from solar panels is an exciting step for homeowners. There are several steps in the process which ensure the homeowner gets a safe and reliable installation.

The process outlined below begins from the point of having an installer chosen. We suggest looking around and gathering more than one quote to be sure you are getting a fair offer. Our solar online shop allows you to do this easily by providing you with a system quote complete with installation costs. Once you have chosen your system the excitement really begins!

The Site Evaluation

During the site evaluation the installer comes to your home to verify the planned system design. (For our process, if the scope of work has changed, the initial contract is void and amendments are made). The installer will check the roof and attic, the electrical setup, and battery placement (if applicable).

System Design Approval

At this point, results of the site evaluation have come back and any changes needed are now to be approved. If there were changes from the original design, the homeowner may now review those changes and give feedback, or approve the final design before it’s sent for permit approval. Not only the aesthetics of the design are checked, but also the electrical work and system production

If you are interested in looking at your options for installing solar you can sign up and schedule a solar consultation to begin the design process. Soleil.Africa has plenty of options for you. With the help of a dedicated Energy Advisor, you’ll be given guidance through the process. Call us Now +27(0)60-404-4862

Installation

Installation just takes a few days, usually one to two. You don’t necessarily even need to be home during installation. This is when you let the professionals do their job and you can sit back and relax. Note that your power will likely need to be turned off for a few hours.

Utility Connection

The final step in turning your solar system on The fee for this inspection and application for some utilities is zero and others can be a couple hundred, this cost is built into the contract price for our turnkey installations. After getting your (COC) Certificate of Compliance, the homeowner may turn on their system and begin producing their own energy!

This several step process has been created to regulate the solar industry and keep individuals as well as utility companies safe. Installing solar is an exciting process that not only improves your own home and provides grid-independence but also contributes to creating a more sustainable environment.

If you are interested in looking at your options for installing solar you can sign up and schedule a solar consultation to begin the design process. With the help of a dedicated Energy Advisor, you’ll be given guidance through the process.

Call us Today +27(0)60-404-4862

Solar For Your Business Will Reduce Your Costs

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Solar PV has an important role to play towards the transition to a lower carbon intensive economy. It is likely that the impending direction for Solar PV will move towards more utility scale, off grid and rooftop installations; as well as more municipalities building on their SSEG processes and tariffs.

Those engaged in product manufacture and others in large factories and warehouses are generally using a substantial amount of electricity during daylight hours, which makes them excellent candidates for solar energy. Solar energy officially became the cheapest energy source in the world in 2016, surpassing wind and its fossil fuel counterparts like natural gas; this means solar power will save a manufacturer thousands of Rands over time on electricity costs and provides a hedge against energy price increases, making your company more competitive.

Let’s take a look at why solar is such a good fit for these industries:
• Most concerns operate during sunlight hours, however, with battery technology rapidly decreasing in price, even 24-hour operations can benefit from solar energy created during the day.
• Peak factory / floor energy use and peak power production from the PV solar system will generally coincide or be stored, which means no produced power goes to waste.
• Large-scale commercial solar systems are an even better deal in terms of long-term savings because of the economies of scale inherent in solar power. The cost of energy will decrease the larger the system is.
• If batteries are included in the design, power outages can be seamless and the exorbitant cost of running diesel generators can be obviated.
• Factories are known for having large flat roofs with ample roof space, offering an ideal installation site for solar panels.
• Carbon taxes are definitely a reality in South Africa’s future, thus it would be beneficial to start using renewable energy today.
• The greening of a company is a newsworthy upgrade that sets your business apart from others and offers huge marketing and competitive advantages.
Whether your operation is big or small, solar can reduce your electricity bill.

Solar power will save a manufacturer thousands of Rands over time on electricity costs and provides a hedge against energy price increases, making your company more competitive

Case Study

Commercial Building, Gauteng, 60kWp Grid Tie System
A Grid-Tie PV system was found to be the most ideal solution given the fact that the production profile of the PV system fitted well into the power usage profile of the company. The system generates approximately 90MWh per year and offers a high return on capital while reducing the operational expenditure of the company. This system has saved the client in the region of R750 000 since its installation in 2016. As electricity tariffs increase annually, the gap between the cost of self-generation and Eskom supplied power will increase, thus the sooner you make the move to solar the better.

Sources: www.sinetech.co.za / www.pvgreencard.co.za