PV Electricity Cost – Agriculture
INSTALLING A PV SYSTEM CAN REDUCE YOUR LONG TERM ELECTRICITY COST BY 60%
3 Ha
REQUIRED FOR A
1 MW PV PLANT WHICH WILL GENERATE
2.14 GWh
OF ELECTRICITY PER YEAR
EVEN HIGHER RETURNS
WHEN USED FOR OWN CONSUMPTION GROWING INVESTMENT RETURNS
YEARLY AS ELECTRICITY TARIFFS INCREASE
R8mil
FOR 100 kW PV SYSTEM Estimated savings over 25 years
R0.48/kWh
Levelised Cost Of Electricity over a 25 year period
INCOME DIVERSIFICATION
DIVERSIFY YOUR INCOME
SOURCES FROM YOUR LAND
RELIABILITY
PRODUCTS AND SERVICE THAT WILL NOT LET YOU DOWN
FINANCE OPTIONS
ATTRACTIVE FINANCE OPTIONS AVAILABLE
BREAKING DOWN THE NUMBERS
LONG TERM ELECTRICITY COST
COST kWh
ESKOM 2020/21 LANDRATE TARIF = R 1.24 /kWh
versus
PV TARIF = R 0.80 /kW (including interest on capital)
INCREASES TARIFF
ESKOM TARIFF INCREASE = 8 % p.a.
versus
PV TARIFF INCREASE = 1 % p.a. (on capital)
LCOE (Levelised Cost Of Electricity over a 25 year period)
OF GRID-TIE PV = R 0.48 /kWh
versus
ESKOM TARIFF = R 1.24 /kWh
FOR 100 kW PV SYSTEM
Estimated savings over 25 years = R 8.0 million