Posted March 21, 20231 yr Last year March i bought a Sunsynk 8kw Inverter for just under R35k incl Vat , I see the price a year later has increased by around 20%. Hubble 5.5kWh last year just under R25k , a year later a 30.5% increase. Dammn , are all brands having such increases ?
March 21, 20231 yr Yup... Classic economics. Also panels are in very short supply as are some batteries
March 21, 20231 yr Yup, supply and demand. You can always import direct but will need to wait few months for delivery.
March 21, 20231 yr 1 hour ago, Bluefronted said: Last year March i bought a Sunsynk 8kw Inverter for just under R35k incl Vat , I see the price a year later has increased by around 20%. Hubble 5.5kWh last year just under R25k , a year later a 30.5% increase. Dammn , are all brands having such increases ? These increases are indeed very mild. Wait until you see by what % electronic components used to build all our nice gadgets have gone up. The ZAR vs $ moved from R14.50 to R18.55 in 1yr. Edited March 21, 20231 yr by Scorp007
March 22, 20231 yr 8kw sunsynk inverter up by R1,4k from last month. Sunsynk batteries up by R1k. Heard someone saying the best time to have invested in solar was 3years ago and the next best time is now.
March 22, 20231 yr Well, Eskom's up by 18.65%. This year. Almost makes you wonder if they set the increases in line with inverter prices.🤔
March 22, 20231 yr 13 hours ago, Scorp007 said: The ZAR vs $ moved from R14.50 to R18.55 in 1yr. And that's why the rand price of imported items has increased. Not just inverters and batteries, but all the circuit breakers, surge protectors etc.
March 23, 20231 yr Author Thanks Guys, I did not take into account / completely forgot about the weakened R=$ rate !!!!. Wish it was 2012/13 rates of R6.8 to R7.3 to the USD 😀
March 23, 20231 yr 1 hour ago, Bluefronted said: Thanks Guys, I did not take into account / completely forgot about the weakened R=$ rate !!!!. Wish it was 2012/13 rates of R6.8 to R7.3 to the USD 😀 A rate we will never ever see again. It seems R20 is on target to be reached. That was one of the previous spikes and those in the know felt that's where the Rand would go to in future.
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