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The cost of a solar panel and inverter battery system in South Africa in 2023 varies depending on the size of the system, the type of solar panels, the type of inverter, the type of battery, and the installer. However, in general, you can expect to pay between R50,000 and R250,000 for a basic system. Here is a breakdown of the average cost of each component: Solar panels: R10,000 - R12,000 per kW Inverter: R5,000 - R10,000 Battery: R10,000 - R20,000 Installation: R10,000 - R20,000
The cost of a solar panel and inverter battery system can be offset by government rebates and tax breaks. In South Africa, the government offers a rebate of 25% of the cost of new and unused solar photovoltaic (PV) panels, up to a maximum of R15,000 per individual.
If you are considering installing a solar panel and inverter battery system, we would recommend getting quotes from several different installers.
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