Cape Town to pay city customers cash for additional power 🔒
The City of Cape Town says its policy to pay cash to small-scale embedded generation customers for the excess energy they produce and sell back to the metro will initially only apply to commercial and industrial customers.
This as the city’s drive to reduce its reliance on Eskom’s gathers momentum. In the past, these customers could only be compensated by means of credits on their municipal bills, Cape Town mayor Geordin Hill-Lewis said on Monday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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