Solar ROI for Food & Beverage Processing in George
George offers a solar yield of 1,580 kWh per kWp annually, making it a solid location for food & beverage processing solar installations. Combined with Section 12B tax benefits, food & beverage processing businesses in George can achieve significant returns on their solar investment.
Key Parameters
System Size
200 kW
Solar Yield
1,580 kWh/kWp
Tariff Rate
R2.95/kWh
Install Cost
R2.8M
Food & Beverage Processing Solar in George
A food processor investing R2.8 million in solar claims a R3.5 million deduction under Section 12B. At 27% tax, the R945,000 first-year saving is significant for an industry where margins are typically tight.
George is the economic hub of the Garden Route, serving as a commercial centre for Mossel Bay's petrochemical industry, Oudtshoorn's agricultural sector, and the corridor's booming tourism and retirement industries. The George Industrial area and Garden Route Mall precinct are prime solar candidates.
200 kW Food & Beverage Processing System in George
Based on typical industry parameters. Your actual results will vary.
Section 12B Deduction
R2,800,000
Year 1 Tax Saving
R756,000
Payback (with tax)
2.1 yrs
Simple Payback
2.8 yrs
IRR
51.6%
25-Year Saving
R123,629,140
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