The city is looking to start receiving unused generated electricity from registered customers as soon as September, according to Thami Mathiso – GM of revenue management at CityPowerJhb. Moneyweb ExcessSolarPower
You can also listen to this podcast on iono.fm here. This interview was originally aired on RSG Geldsake . The Afrikaans introduction has been translated in this transcript. RYK VAN NIEKERK: The Johannesburg Metropolitan Municipality wants to follow in the footsteps of the Cape Town metro and buy excess electricity from households and businesses with rooftop solar panels to feed into the grid. The households and businesses will thus receive a credit on their electricity accounts.
How the process will work is that if you’ve got a solar [installation] that generates more than you’re using at your property, you’ll then have your solar [system] feeding back into the system. What we have done is that we are currently investing in what we call ‘bidirectional meters’, meters that can read what the customer is using from the grid and what the customer is sending into the grid.
Our average selling price is currently sitting at around about R2.89/kWh, excluding Vat. So the benchmark of what we’re paying back is based on Eskom’s peak tariff, plus some form of markup. The city buys most of its energy from Eskom, and that’s why we are benchmarking the tariff that we’re going to be paying the customer is what we pay Eskom as a supplier.
Yes, it should be this year. We have a tariff already published, so what we are working on is to make sure that the billing system aligns to [what] we owe the customer. RYK VAN NIEKERK: The City of Cape Town will actually pay cash for electricity. It doesn’t seem like the Joburg metro would offer cash, but rather credit an electricity account.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New judge appointed to Meyiwa murder trial creating possibility of fresh startJudge Ratha Mokgoatlheng has been appointed to preside over the Senzo Meyiwa murder trial, replacing Judge Tshifhiwa Maumela who was suspended by Ramaphosa.
Read more »
Joburg to start paying for excess solar power from residents – these are the ratesCity Power says it is working on implementing feed-in tariffs for residential and business solar users.
Read more »
'Just the start': China retaliates against US in chip war - TechCentralChina's export controls on metals used in making semiconductors are 'just a start', an influential trade policy adviser said.
Read more »
In search of an AI chemical engineerA number of start-ups aim to use AI to develop materials faster
Read more »
Senzo Meyiwa trial likely to start afresh as a new judge is appointed, says legal expert | City PressAccording to legal expert and advocate Modidima Mannya, the trial can take a different direction under Judge Ratha Mokgoatlheng as the State will have to present its evidence again and they can choose to lead it differently. Visit City Press for more
Read more »
Joburg residents should store water before 40-hour shutdown next week, says metro's supplier | News24Johannesburg Water has requested that its customers start storing water from Sunday to accommodate the planned Rand Water shutdown from 11 July to 13 July. | IamAlexSweet
Read more »