Supplier claiming the rebate

Suppliers have the option of claiming the rebate from Eskom on behalf of a buyer. As a customer, you cede the rebate to the supplier you buy from – and in return you pay the rebated/discounted price.

Suppliers who wish to do this must have agreed this with Eskom first and will submit their customers claim forms.

Customer claiming the rebate

You pay the full installation price and claim back the rebate amount from Eskom.

To claim your rebate all you need to do is submit a claim form, provided to you by your registered supplier/installer. Note that in order to claim a rebate you must install a registered system and use a registered installer.

Both you and the supplier must complete the claim form and it must be signed off by a qualified electrician. You must then submit it to a facilitating auditor that overseas payments. You can then either post or drop it into one of the designated drop-boxes.

You will receive your rebate within 8 weeks of receipt of your completed claim.

Payment of the rebate is made within 8 weeks from date of receipt.

How the rebate is calculated

Each system tested by the SABS receives a system rating (Q-factor), which indicates the kilowatt-hours (kWh) of electricity it is expected to save on a typical day (as determined by the SABS test). All solar water heating systems included in the programme have a SABS thermal test report indicating the system’s ability to produce hot water. The rebate is calculated based on these test results – but it also takes into account the affordability of systems and attempts to provide consumers with a five year payback period.

The (rebate formulae) calculation factors in the prime interest rate and projected electricity tariff increases. This formula allows one to compare same-sized systems to each other – based on consumption assumptions. Please note that the rebate value will be reduced at the start of each new year, based on market influences.

Source: www.eskom.co.za