Solar ROI for Hospitality in George
George offers a solar yield of 1,580 kWh per kWp annually, making it a solid location for hospitality solar installations. Combined with Section 12B tax benefits, hospitality businesses in George can achieve significant returns on their solar investment.
Key Parameters
System Size
80 kW
Solar Yield
1,580 kWh/kWp
Tariff Rate
R2.95/kWh
Install Cost
R1.1M
Hospitality Solar in George
A hospitality business investing R1.12 million in solar can claim a R1.4 million Section 12B deduction. Combined with monthly savings of up to R85,000, the system typically pays for itself within 3 years.
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.
80 kW Hospitality System in George
Based on typical industry parameters. Your actual results will vary.
Section 12B Deduction
R1,120,000
Year 1 Tax Saving
R302,400
Payback (with tax)
2.1 yrs
Simple Payback
2.8 yrs
IRR
51.6%
25-Year Saving
R49,451,656
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