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

Monthly PV Generation & Savings
Generation (GWh) and corresponding savings (R millions)
Cost Comparison: Eskom vs SSEG
Tariff rates by TOU period (R/kWh)
TOU Period Distribution
PV generation occurs during Peak and Standard periods only
Peak (30%)
Standard (70%)
PV Savings Formula

SPV = Σ EPV(t) × [τEskom(t) − τSSEG]

EPV(t): PV energy generation during TOU period (kWh)
τEskom(t): Eskom tariff during period (R/kWh)
τSSEG: Fixed SSEG purchase rate = R 1.25/kWh

Weighted Average Eskom Tariff:

0.30 × R4.20 (Peak) + 0.70 × R1.56 (Standard) = R 2.36/kWh

Monthly PV Generation Calculation

How each month's generation is calculated from system parameters

Generation Formula

Emonth = Pinstalled × Hsolar × Dmonth × PR

Pinstalled = 0.961 MWp (System Capacity)
Hsolar = Peak Sun Hours (varies by month)
Dmonth = Days in month
PR = 0.85 (Performance Ratio)
MonthDaysSolar HrsCalculationGeneration
January318.60.961 × 8.6 × 31 × 0.857,044 MWh
February288.90.961 × 8.9 × 28 × 0.856,608 MWh
March318.30.961 × 8.3 × 31 × 0.856,836 MWh
April307.50.961 × 7.5 × 30 × 0.855,943 MWh
May316.80.961 × 6.8 × 31 × 0.855,546 MWh
June306.50.961 × 6.5 × 30 × 0.855,196 MWh
July316.70.961 × 6.7 × 31 × 0.855,491 MWh
August317.30.961 × 7.3 × 31 × 0.856,036 MWh
September308.20.961 × 8.2 × 30 × 0.856,530 MWh
October318.60.961 × 8.6 × 31 × 0.857,088 MWh
November309.40.961 × 9.4 × 30 × 0.857,451 MWh
December319.20.961 × 9.2 × 31 × 0.857,601 MWh
Annual Total77,370 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

Peak Sun Hours vary seasonally for the Eastern Cape region. Summer months (Nov-Feb) average 8.6-9.4 hours, while winter months (May-Jul) average 6.5-6.8 hours, reflecting the Southern Hemisphere solar irradiance patterns.
Monthly Generation Running Totals

Cumulative generation building to 77,370 MWh annual total

MonthGeneration (MWh)Running Total (MWh)
January7,0447,044
February6,60813,652
March6,83620,488
April5,94326,431
May5,54631,977
June5,19637,173
July5,49142,664
August6,03648,700
September6,53055,230
October7,08862,318
November7,45169,769
December7,60177,370
Annual Total77,370 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

Annual PV Savings Calculation

Step-by-step cost comparison between Eskom and SSEG rates

1

Annual PV Generation

EPV = 77,370 MWh = 77,370,000 kWh

2

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

3

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

4

Annual PV Savings

SPV = CEskom − CSSEG

SPV = R 182,267,859 − R 96,712,500

SPV = R 85,555,359

Savings Rate:47% cost reduction
ComponentValue
Annual PV Generation77,370 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 SavingsR 85,555,359