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Well it is, until its not. With all that is happening in the world, our own politics and Eskom having such a huge impact on both business as well as individuals, we must be aware of changes and threats, work with 'the system' and constantly 'maak 'n plan'.

Pretty much yes. For the funds over R100k, you will have to stand in line with the rest of the creditors to go through the whole insolvency thing and hope you get a few cents on the Rand in many year's time. I don't want to get into commenting on Crypto and cannot give financial advice. What...

Bank Customers who have deposited money in the bank in order to keep it there for safety and hopefully earn some interest. So anyone who has a positive balance in a bank, albeit a current account, savings account, fixed deposit, etc.

True, the cost of this insurance will most probably be recouped from the consumer although the SARB states that it should come from corporate profits, etc. I am however more concerned by the cap of R100,000 per depositor and the clear message that its primarily the purpose to protect not well...

So, the Reserve Bank is busy with a project to establish a Deposit Insurance Scheme (DIS) in order to protect any depositor (natural person) up to R100,000 per bank, should that bank go under. I found this very informative and to the point document on the SARB site, since my bank had no idea...

Cables can make all the difference.

As in my post reply to @greatwhite above, yes one did pack up under the installer’s watch. That is when we woke up to realize where the biggest vulnerability lies. No Inverter, no power.

Some lightning during the summer months, but nowhere close to anything in Gauteng. I like the idea to run them in parallel to get the extra capacity and lower the load on each. The warrantee will also have some value if I use them, rather than just storing it. My only concern with this is that...

UPDATE: So we went ahead and added a 4th 5kWh battery. I think it was a worthwhile addition since it has given us considerable headroom and have been using it for the several weeks and do not check the battery levels much anymore. We have also purchased a spare 8kW Sunsynk Hybrid Inverter, not...

If anyone is interested, here is KW Miller’s own YouTube channel, seems like this is the REAL state of affairs, other than the lip service in the main stream.

Good people, every South African NEEDs to watch this video about ESKOM (and the imminent water issues) - please watch all 33 minutes. This should be a major wakeup call for us all, especially if you have been putting off spending the money in order to providing for yourself.

BTW, here is our Solar Energy Generation graph for September 2022. I'm very impressed and happy with the system overall. We have a 4th battery on order for better headroom and flexibility to use more power at night or foggy weather.

We can only hope. Supply chain issues as well as the rising cost of energy and transport (taking into account that the main components are both heavy and large items), we may well see rising cost in the short and medium term, until there are more stability around the globe. That said, with...

Very nice looking amp. IMHO it should have been called the 3072 if it's visually based on 3060 and the 3080? Anyway, I just have one question. If the amp has 100+ Watts, why do the VU meters max out at 60?

I had to change my thread title, since there has been some really positive developments since I started this thread yesterday: My local branch where our accounts are based, has since really stepped up. Between the branch manager and Tina (the consultant), all issues has been resolved over the...

Thanks guys for all the responses and suggestions. My wife reminded me that I would have to change banking details at SARS if I change banks, which would put an even worse spanner in the works o_O SARS has just declined our completely valid "expenses in order to earn commission deductions"...

Hi all, as I'm writing this, I'm livid and ready to close my ABSA accounts. I've been a good ABSA (Volkskas Bank originally) account holder since the early '70s. They've always had my main business, etc. but service has decline over time to the point which I'm genuinely at the end of my tether...

Just to add to 'why I did not do a serious calculation on ROI': I see a solar install like ours as a capital improvement if done right that we can use and 'enjoy'. Furthermore I believe as a property owner (and as an Estate Agent) that the way things are going, you may actually get more than...

I hear you and most of us need to justify what we spend, but this is different than most capital expenditures IMO and there are so many immeasurable factors that make power independence a worthwhile expense - we have only so much time on earth and I don't want to lose it due to other people's...