City of Cape Town's Cash for Power programme launched earlier this week and GoSolr says it will be able to assist residents.
Cape Town has launched its Cash for Power programme with a laundry list of requirements for customers who want to sell power.
If you meet all those requirements, you will be paid R0.87 plus a R0.25 incentive for every kWh of energy fed to the grid. This credit will be offset against a customer’s monthly municipal account and any access after this offset is applied will be paid in cash. “Ultimately, targeted initiatives like this, geared to supporting the compensation of excess energy fed into the grid, will incentivise the uptake of solar energy systems. They will also lead to a more robust and decentralised energy grid, reducing dependency on centralised power sources and mitigating the impact of load-shedding more broadly,” says Middleton.
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