Why use solar power at your business?


Businesses are perfectly suited for solar power as most electricity is used during the sunshine hours of the day when solar energy production is at its best. Cooling requirements for businesses also increase as the day gets warmer and peak in the middle of the day. Grid tied solar power systems are ideal for commercial business as the sunshine hours overlap with energy requirements.  We design and install solar power systems from 3kW up to 500kW grid tied systems for commercial business use.

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What can you expect to pay for your solar investment?


 Here are some indicative prices on what you can expect to pay for a solar power system from us:

    • 5kW Grid Tied System – *R 100 000 – Saves approximately R 25 000 per year
    • 10kW Grid Tied System –* R 160 000 – Saves approximately R 40 000 per year
    • 20kW Grid Tied System – *R 265 000 – Saves approximately R 80 000 per year
    • 30kW Grid Tied System – *R 330 000 – Saves approximately R 120 000 per year
    • 50kW Grid Tied System – *R 550 000 – Saves approximately R 200 000 per year

 

 

*Estimated Prices only, subject to size of system and fluctuation of stock prices.

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These savings are estimated and based on current standard City Power business rates for Johannesburg and can vary based on usage patterns.  Annual savings will only increase with electricity price increases.

 

*Estimated Prices only, subject to size and fluctuation. 

*Estimated Prices only 

 

Visibility

All our business solar power systems come with an interface to see just how much power you are generating and saving as well as eco-friendly metrics like the amount of CO2 you are preventing from entering Earth’s atmosphere.

 

WHY USE SOLAR POWER AT YOUR BUSINESS?


Businesses that make use of large industrial machinery are perfectly suited for solar power as most electricity is consumed during the sunshine hours of the day when solar energy production is at it’s best. Cooling requirements for industrial businesses also increase as the day gets warmer. Grid tied solar power systems are ideal for industrial business energy requirements as the sunshine hours overlap with energy requirements.  We design and install solar power systems from 6kW up to 1MW grid tied systems for commercial and industrial use.

Tax and Solar Energy Plants: Your Business Can Deduct the Costs Upfront

by Tuffias Sandberg | May 6, 2019 | Business, SME, Tax |


 

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In a recent binding ruling, SARS confirmed it will allow the cost of solar power units.

The capital costs that may be deducted are:

  • Photovoltaic solar panels;
  • AC inverters;
  • DC combiner boxes;
  • Racking; and
  • Cables and wiring.

 

In addition, related allowable costs of installation are:

  • Installation planning expenses;
  • Panels delivery costs;
  • Installation expenses; and
  • Installation safety officer costs.

 

If the solar unit per site generates less than 1 megawatt of power, the full cost is allowable in the year the plant was commissioned according to the ruling. If the equipment generates 1 megawatt or more energy, then 50% can be deducted in year one, 30% in year 2 and 20% in year 3. Note that if the company is an SBC (Small Business Corporation), the capital allowances under the SBC tax allowance regime (i.e. 50/30/20) must be claimed.

Remember the normal rules apply in terms of qualifying for a deduction – the plant must be owned by the taxpayer, it must be used for the purposes of trade by the taxpayer and the plant must be brought into first time use by the taxpayer.

This is good news for people tired of load shedding. 

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