So roughly a R1,000 a month saving. With the 18% increase next month it will be a roughly R1,200 saving and with next year's 12% increase it will be a roughly R1,300 saving. I predict the increases after next year will be typically 8% a year.
So break even is when? Excuse these rough numbers, just trying to get an idea:
Year 1: R1,200 x 12 = R14,400
Year 2: R1,300 x 12 = R15,600
Year 3 (8% increase plus feed-in): R1,400 x 12 + R3,600 (see below) = R20,400
Year 4 (8% increase plus feed-in): R1,500 x 12 + R3,600 (see below) = R21,600
Year 5 (8% increase plus feed-in): R1,600 x 12 + R3,600 (see below) = R22,800
Year 6 (8% increase plus feed-in): R1,700 x 12 + R3,600 (see below) = R24,000
Year 7 (8% increase plus feed-in): R1,800 x 12 + R3,600 (see below) = R25,200
Year 8 (8% increase plus feed-in): R1,900 x 12 + R3,600 (see below) = R26,400
Year 9 (8% increase plus feed-in): R2,000 x 12 + R3,600 (see below) = R27,600
R198,000 after 9 years. System was R210,000.
Feeding back to the grid which is going to be around R1/kWh. I probably have 20+ kWh/day I could feed back (in summer anyway). And lets say none in winter. Make it roughly 3,600 kWh/year or R3,600/year.