PV Solar Savings
Detailed analysis of photovoltaic generation and cost savings
Key Metrics
Installed Capacity
0.961 MWp
0.70% of 137.61 MWp target
SSEG Producers
118
Registered generators
Cost Reduction
47%
vs Eskom weighted avg
Annual Savings
R 85.56M
R 7.13M per month
SPV = Σ EPV(t) × [τEskom(t) − τSSEG]
Weighted Average Eskom Tariff:
0.30 × R4.20 (Peak) + 0.70 × R1.56 (Standard) = R 2.36/kWh
How each month's generation is calculated from system parameters
Generation Formula
Emonth = Pinstalled × Hsolar × Dmonth × PR
| Month | Days | Solar Hrs | Calculation | Generation |
|---|---|---|---|---|
| January | 31 | 8.6 | 0.961 × 8.6 × 31 × 0.85 | 7,044 MWh |
| February | 28 | 8.9 | 0.961 × 8.9 × 28 × 0.85 | 6,608 MWh |
| March | 31 | 8.3 | 0.961 × 8.3 × 31 × 0.85 | 6,836 MWh |
| April | 30 | 7.5 | 0.961 × 7.5 × 30 × 0.85 | 5,943 MWh |
| May | 31 | 6.8 | 0.961 × 6.8 × 31 × 0.85 | 5,546 MWh |
| June | 30 | 6.5 | 0.961 × 6.5 × 30 × 0.85 | 5,196 MWh |
| July | 31 | 6.7 | 0.961 × 6.7 × 31 × 0.85 | 5,491 MWh |
| August | 31 | 7.3 | 0.961 × 7.3 × 31 × 0.85 | 6,036 MWh |
| September | 30 | 8.2 | 0.961 × 8.2 × 30 × 0.85 | 6,530 MWh |
| October | 31 | 8.6 | 0.961 × 8.6 × 31 × 0.85 | 7,088 MWh |
| November | 30 | 9.4 | 0.961 × 9.4 × 30 × 0.85 | 7,451 MWh |
| December | 31 | 9.2 | 0.961 × 9.2 × 31 × 0.85 | 7,601 MWh |
| Annual Total | 77,370 MWh | |||
Example: January Calculation
EJan = P × H × D × PR
EJan = 0.961 MWp × 8.6 h/day × 31 days × 0.85
EJan = 0.961 × 8.6 × 31 × 0.85
EJan = 217.77 MWh/day × 31 days
EJan = 7,044 MWh
Cumulative generation building to 77,370 MWh annual total
| Month | Generation (MWh) | Running Total (MWh) |
|---|---|---|
| January | 7,044 | 7,044 |
| February | 6,608 | 13,652 |
| March | 6,836 | 20,488 |
| April | 5,943 | 26,431 |
| May | 5,546 | 31,977 |
| June | 5,196 | 37,173 |
| July | 5,491 | 42,664 |
| August | 6,036 | 48,700 |
| September | 6,530 | 55,230 |
| October | 7,088 | 62,318 |
| November | 7,451 | 69,769 |
| December | 7,601 | 77,370 |
| Annual Total | 77,370 MWh |
Calculation:
7,044 + 6,608 + 6,836 + 5,943 + 5,546 + 5,196 + 5,491 + 6,036 + 6,530 + 7,088 + 7,451 + 7,601 = 77,370 MWh
Step-by-step cost comparison between Eskom and SSEG rates
Annual PV Generation
EPV = 77,370 MWh = 77,370,000 kWh
Eskom Cost Calculation
Weighted Average Eskom Tariff:
τEskom = (0.30 × R4.20) + (0.70 × R1.56)
τEskom = R1.26 + R1.092 = R 2.36/kWh
Total Eskom Cost:
CEskom = 77,370,000 kWh × R 2.36/kWh
CEskom = R 182,267,859
SSEG Cost Calculation
Fixed SSEG Purchase Rate:
τSSEG = R 1.25/kWh
Total SSEG Cost:
CSSEG = 77,370,000 kWh × R 1.25/kWh
CSSEG = R 96,712,500
Annual PV Savings
SPV = CEskom − CSSEG
SPV = R 182,267,859 − R 96,712,500
SPV = R 85,555,359
| Component | Value |
|---|---|
| Annual PV Generation | 77,370 MWh |
| Eskom Cost (at weighted avg R2.36/kWh) | R 182,267,859 |
| SSEG Cost (at R1.25/kWh) | R 96,712,500 |
| Annual PV Savings | R 85,555,359 |