Jun 18, 2010
Stationery manufacturer switches to solar water heatingBack
"Solar Beam's solar water heating system has certainly exceeded our expectations. This aspect amongst other initiatives has without a doubt played a big part in winning the competition," said Silveray MD Niel Speres.
The R50 000 first prize was donated by Silveray to Lungisisa Indlela Village - an HIV/Aids orphans initiative started in Cottonfields, Verulam.
Once this has been achieved, they move on to address more complex elements, like establishing their own, independent energy supply channels. "The cost versus benefits equation is just too compelling for decision makers to ignore alternative energy - regardless of the size of the company," added Mundy.
Mundy expected the domestic solar water heating market to follow the lead set by major companies, as homeowners strive to put in place alternative energy supply sources. Homeowners would be spurred on to install solar water heating systems by the increased Eskom cash-back rebates and the understanding that the savings in electricity costs should comfortably cover any repayment on a capital loan.
Solar Beam's experience showed that industrial businesses could achieve savings of up to 50% on electricity bills while home owners could experience savings of up to 40% once they install solar water heating solutions.
Payback time might be quicker if Eskom's subsidies for domestic solar installations were taken into account.
Solar Beam was founded in 1978, and has partnered with numerous home-owners and major industrial brands in developing and installing solar heating solutions.
Edited by: Creamer Media Reporter
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