The good news is the time and money invested in solar is paying off huge.
Financial year end in a week or two and we have managed to just scrape in below the vat threshold. I could have smashed it with little effort.
The big question is do we go all the way and register a new company like "super solar" and register with Vat and all those silly things?
Which means employing an IE, willing to work for a ridiculous R20k per month who has tons of experience in solar, silly enough to put his name on the projects going forward. Paying leave pay and bonuses at the end of the year. By the way are there lots of IE's to go around? A pity there is not a shortage of them to go around, it could improve their salary![]()
Doing the whole public liability, bad workmanship cover, industrial council registration and all that stuff.
The good news, which is actually bad news because the stock crisis is just going to get even worse and you gonna sit with hundreds of thousands tied in the suppliers account while waiting for stock to arrive. "Big boost for roof top solar in South Africa".
https://businesstech.co.za/news/ener...-south-africa/
I think some people (who got burnt in 2009) importing container loads of generators maybe a little cautious of the hype this time. This time there is way more demand, so much more to go around. The catch is if you werent already on the gravy train by June last year, you have already lost out on a huge chuck of the billions.
The fact that the banks are on board and happy to get people into way more debt, is also helping.
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