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In the know

Hot Water – take it off grid with solar and save 30-40% of your electricity bill

If your trusted financial advisor from a reputable financial institution offered you a product which gave you a RISK-FREE return of over 30% per annum which was also effectively tax free – it’s likely that you would be very interested?

The reality is that NO financial institution in the world has a product like this … WE DO.

A tax-free savings account currently gives you around 3-4% return at the very best rate.  A solar geyser blows this out the park and will give you at least a 30% TAX FREE RETURN year-on-year.

Looking at an average electricity bill of R3000 per month, a family of four could expect to conservatively save about 30% of this bill by installing a correctly sized solar geyser.

That’s R900 per month which is R10 800 per annum. Your solar geyser will completely pay for itself in under three years. From day 1, you will cut your electricity spend to Eskom by around 30% – every month. On a 200-litre solar geyser, fully installed your cost is around R27 000.

Your return on investment is 10 800 / 27000 = 40%

No other investment that you consider for your home will give you anywhere near this return.  And you’ll be one big step closer to getting off the grid step-by-step.

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Looking at an average electricity bill of R3000 per month, a family of four could expect to conservatively save about 30% of this bill by installing a correctly sized solar geyser.