Solar ROI for Agriculture in Bloemfontein
Bloemfontein offers a solar yield of 1,800 kWh per kWp annually, making it an excellent location for agriculture solar installations. Combined with Section 12B tax benefits, agriculture businesses in Bloemfontein can achieve significant returns on their solar investment.
Key Parameters
System Size
120 kW
Solar Yield
1,800 kWh/kWp
Tariff Rate
R2.70/kWh
Install Cost
R1.7M
Agriculture Solar in Bloemfontein
A farm investing R1.68 million in solar qualifies for a R2.1 million Section 12B deduction. This is particularly valuable for farming operations with variable annual income, as the deduction can be carried forward.
Bloemfontein's agricultural hinterland drives demand for solar-powered irrigation and cold storage. The city's commercial centre is also adopting rooftop solar at an accelerating pace.
120 kW Agriculture System in Bloemfontein
Based on typical industry parameters. Your actual results will vary.
Section 12B Deduction
R1,680,000
Year 1 Tax Saving
R453,600
Payback (with tax)
2.0 yrs
Simple Payback
2.7 yrs
IRR
53.3%
25-Year Saving
R79,109,107
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