Solar ROI for Agriculture in Stellenbosch
Stellenbosch offers a solar yield of 1,620 kWh per kWp annually, making it a strong location for agriculture solar installations. Combined with Section 12B tax benefits, agriculture businesses in Stellenbosch can achieve significant returns on their solar investment.
Key Parameters
System Size
120 kW
Solar Yield
1,620 kWh/kWp
Tariff Rate
R3.05/kWh
Install Cost
R1.7M
Agriculture Solar in Stellenbosch
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.
Stellenbosch's economy centres on viticulture, tourism, and the university. Wine cellars with cold-storage demands, hospitality venues, and Stellenbosch University's expanding campus are all strong solar candidates. The Techno Park also hosts technology companies with high daytime energy use.
120 kW Agriculture System in Stellenbosch
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
2.6 yrs
IRR
53.9%
25-Year Saving
R78,752,632
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