June 2, 2014 in Global Warming
Solar Geysers – Why have’nt you yet?
So Thousands of South Africans have taken the plunge (well actually the LEAP) and installed Solar Geysers already. So why then are there so many households that have not? I think there could be a few reasons.
- Price – This technology is expensive, no denying it. But there are many ways to skin a cat, as the saying goes. So instead of just thinking, “how much of my savings should I tap into to install a Solar Geyser” , start thinking out of the box. a Good Quality Solar Geyser like our Chromagen or Solahart literally prints money for you once paid for in savings. Even a custom conversion system will get to a positive turnover point where the savings you achieved surpasses the initial cost.
Option 1 – Cash Is King (so go and tap into those savings) Option 2 – Extend your bond (at 8-9% interest, its the cheapest loan you can ever get, plus the re-payment on the extra few thousand rand, will be far less than the saving you get, so you will have extra money every month in your pocket) Option 3 – Finance through a third party (we do offer third party Finance at very competitive rates and most of the time the saving also outweighs the re-payment) Whichever way you go, why don’t you let your Extra Cash make money for you. Instead of using the savings and spending it, why not open an investment account like a Unit Trust. This Solar Geyser now indirectly MAKES you money. Over the course of its 5 year payback period at a modest 10% interest and R100 per month saving, you could generate R8058.73. Considering that the average saving on a R1000 bill is around R300-R400, should you invest the savings, you could easily re-generate your investment twice over within the first 5 years.
- Distrust in Solar Geysers - Due to some fly-by-nights and very poor quality products, solar geysers somehow got a bad rep. Luckily, those fly-by-nights are long gone and only the reputable and profitable businesses are left. So you should get a much better quality of product and service BUT Still do your research. Do not just buy the first Solar Geyser you get a quote for. You have plenty of options. Let the supplier figure out what you need not what they want to sell (for example: in winter you need 70 liters per person per day, in summer it could be only 50. So 70 x 4 people = 210 liters so you need at least a 200lt Solar Geyser) .
- Aesthetics - So you do not want the ugly tank on your roof. Fair Enough. What about a Split Pumped System. You will only have the solar panel on the roof with the geyser still sitting internally, hidden away.
These are just some of the reason why you have not yet installed but as I said under price, you could save BIG TIME by also investing whatever saving you get. So even if you simply cannot spend R20 000 on a Solar Geyser (because you would rather want the New Flat Screen TV), at least get some sort of Solar Geyser or Heat Pump… FACT = Your GEYSER is the single biggest power consumer in a normal domestic setting. FACT = Unless you are really stingy on price, you WILL MAKE A SAVING.
4 Seasons Solar is one of Gauteng’s leading Solar Geyser suppliers. We will be more than glad to assist you in the decision making process.
(t) 011 865 5555