Solar systems a 'money saver'

2012-08-17 14:13
Renewable energy systems attract a high upfront cost, but they may be a money saver over the long term. (Duncan Alfreds, News24)

Renewable energy systems attract a high upfront cost, but they may be a money saver over the long term. (Duncan Alfreds, News24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Video

VIDEO: Low cost housing

2012-08-06 11:06

Sean Van Horsten talks about using renewable energy solutions to augment low cost housing projects in this YouTube video.WATCH

kalahari.com

Cape Town - Renewable energy systems attract a high upfront cost, but they may be a money saver over the long term, says property developer.

"I've done an exercise where we've looked at a conventional house: If you're spending let's say a R1 000 a month, it would probably cost in the region of R60 000 for a particular system," Sean Van Horsten, CEO of VHP told News24.

He added that by paying a loan amount that was fixed, a user could mitigate electricity price hikes.

"In essence, your R1 000 a month could go toward a loan over a 60-month period. The beauty of that is you are not subject to the increases every year, from Eskom."

Van Horsten demonstrated a low cost house that employs a solar panel for electricity, and solar powered geyser and a water tank for garden irrigation.

Snow

He said that this kind of programme in the impoverished area of Mfuleni township outside Cape Town showed that renewable energy is becoming more viable, particularly as electricity prices increase.

The supply of electricity came under scrutiny when snow fell in many parts of SA during August. Several households in the KwaZulu-Natal and the Eastern Cape were cut off and Eskom urged customers to reduce consumption.

The solar panel installed on the low cost home equates to about 20% of electricity consumption, said Van Horsten. The system though, could be expanded to fully meet a household's requirements.

"The photovoltaic system we have here now is modular in design so at any given time the beneficiary can go and buy another panel or a battery or also grow the inverter.

"In essence they can take their house off the grid one day."

Van Horsten conceded that solar systems were expensive, but costs are declining. If used with low energy LED lights, one could arguably extend the power of photovoltaic systems.

"Over the past couple of years, we've really tested these renewable systems and of course, a product as it develops and becomes better, it also becomes cheaper.

"Your payments are set for a 60-month period for example. It would be a personal loan but thereafter, your system is completely paid off," he said.

Theft

The hot water geyser usually devours the largest share of electricity consumption and the installation of a renewable energy alternative could see long-term savings.

"Your water heating in one's house can equate to about 500 bucks a month just to keep the water warm in your house if you an average sized family for example.

"The first thing we would suggest is your water - take your water off - it has the biggest benefit and make sure you use a reputable SABS approved company and product; that your installers are held accountable in the event that something goes wrong with the installation," Van Horsten advised.

While the system is secured to reduce theft and vandalism, Van Horsten acknowledged that no system was perfectly secure, despite it being riveted to the roof.

"Of course if somebody wants to steal something they will a concerted effort to do so. We can only slow down the process to the point that if somebody's on your roof with a grinder… you're going to know about it."


- Follow Duncan on Twitter

 
- News24
Read more on:    renewable energy
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
11 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
Traffic & Train Alerts
Traffic
Goodwood 10:56 AM
Road name: N1 Outbound

ACCIDENT in the left lane before the N7 Highway

Table View 10:48 AM
Road name: Koeberg Road Northbound

DELAYS between Montague Drive and Blaauwberg Road due to roadworks

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

Deal of the Week!

Get bestselling John Green novels now just R99 each! Hurry and get yours while stocks last. Shop here.

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Social media is pulling you in and you have the desire to find out everything you know about your friends and you have the urge to...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.