Cape Town cash for power system to launch before June 2023

Jan

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Cape Town announces cash for power system

Cape Town Mayor Geordin Hill-Lewis has announced the city can now pay cash for power fed into the local electricity grid.

The system will launch to businesses and become available to Cape Town residents in time. Participants will receive cash for selling their excess power into Cape Town’s grid.
 
The cost to the economy outweighs the loss in revenue from allowing residents to feed back. They could've done this years ago as it was clear that the electricity crisis is not going anywhere.

Let's see what the final proposal looks like.

We are not Australia or California with thousands of household feeding into the grid causing issues. Maybe in 50 years time but right now every kWh that the public can feed back will help and should be taken up.
 
AchmatK said:
every kWh that the public can feed back will help and should be taken up.
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:thumbsup:

Probably won't be able to absorb all the megawatt-hours your power station can put out just yet though. Grid around your house needs to be strengthened. :ROFL:
 
Buy electricity for R3 per kw/h, sell it back for 10c per kw/h. This is election BS. Why havent the DA allowed this YEARS ago?
 
ProfA said:
Buy electricity for R3 per kw/h, sell it back for 10c per kw/h. This is election BS. Why havent the DA allowed this YEARS ago?
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Have you read the article.

They will pay the NERSA rate + 25c incentive. This I think is fair but they should also bring in a time of use rate so people with batteries can choose to use the grid to charge when demand is low. 199057547.jpg
 
AchmatK said:
Have you read the article.

They will pay the NERSA rate + 25c incentive. This I think is fair but they should also bring in a time of use rate so people with batteries can choose to use the grid to charge when demand is low. View attachment 1463187
Click to expand...
you -> here








my point -> .


They "buy" it back at much less than they sell it. It's a rip-off. They will then sell it at the full R3+. It's DA 101. Make profit and make stupid people think its in their best interest.
 
ProfA said:
you -> here








my point -> .


They "buy" it back at much less than they sell it. It's a rip-off. They will then sell it at the full R3+. It's DA 101. Make profit and make stupid people think its in their best interest.
Click to expand...
You didn't have a point.

They are buying it at the wholesale rates that they would buy from any other electricity supplier. Its not 10c as you indicated.

Do you want them to buy it for more than it costs to buy from other bulk suppliers?
 
ProfA said:
They "buy" it back at much less than they sell it. It's a rip-off. They will then sell it at the full R3+. It's DA 101. Make profit and make stupid people think its in their best interest.
Click to expand...

Did you read the article? NERSA approved tariff. CoCT adding another 25c.
 
This is still not great. At least they mentioned it...

SSEG and wheeling customers who want to feed energy into the grid need to have their system approved and have an AMI (Advanced Metering Infrastructure) meter installed by the City. This is a bi-directional meter that allows accurate reporting of the amounts of energy consumed and generated. We know this meter is still too costly for many, and we are working on finding an alternative option of comparable quality and reliability. Customers who want to upgrade their systems to make use of this existing development need to have the upgrade approved by the City.
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www.capetown.gov.za

City of Cape Town Link

Sharing a City of Cape Town Page...
www.capetown.gov.za www.capetown.gov.za

EDIT: I think those meters are R12k+ ?
 
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