Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Business explainerBusiness explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business explainerBusiness explainer
    Home » Cape Town becomes first SA City to pay residents for excess solar power
    ESG

    Cape Town becomes first SA City to pay residents for excess solar power

    February 13, 2024
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Cape Town mayor Geordin Hill-Lewis
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Cape Town announces a groundbreaking initiative to pay residential households for surplus solar power generated from their installations, a first for South Africa.

    1. The city plans to buy as much solar power as households and businesses can sell, according to Mayor Geordin Hill-Lewis.
    2. In addition to residential households, Cape Town will allow businesses to sell energy to one another, potentially adding 350MW of decentralized electricity to the city’s grid.
    3. South Africa has been grappling with regular blackouts due to years of neglect and mismanagement by state-owned utility Eskom, resulting in as many as 10 hours without electricity per day during peak periods.
    4. Cape Town, governed by the opposition Democratic Alliance since 2006, has advanced plans to secure its own power supply, aiming to add up to 1GW of independently produced electricity over time, with the first 650MW to be added within five years.
    5. The city’s strategy includes incorporating private small-scale embedded generation and an independent producer program.
    6. Households can also opt to have their water-heating systems remotely switched off during peak times to help mitigate load shedding.
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleCould Tesla be losing its place among tech powerhouses?
    Next Article Access Bank names acting CEO following Wigwe’s tragic death

    Related Posts

    Graspan Solar PV Plant Inaugurated by ENGIE and PELE in Delivery Milestone

    April 23, 2026

    African Energy Chamber Reinforces Summit Boycott, Calls for Local Content Shift

    April 23, 2026

    ISUZU Foundation Bridges Purpose and Impact, Raising Over R200,000 for IRONMAN4theKidz

    April 23, 2026
    Top Posts

    Seven Families Sue OpenAI In ChatGPT Suicide Scandal

    November 10, 2025

    Volkswagen Chief Praises Chinese Competition for Sparking Innovation

    November 7, 2025

    WomenIN Festival 2025 – Limitless: No Labels, No Limits, No Apologies

    November 9, 2025

    Nersa Opens Public Consultation on Eskom’s New Tariff Calculation 

    October 24, 2025
    Don't Miss

    Approaching Equity Investing During High Geopolitical and Stagflation Risks

    ECONOMY

    Despite the recent rally, recent heightened geopolitical risk and a soaring oil price have broadly…

    AI Prompting and the Upstream Shift for Editors

    April 23, 2026

    The Impact of Ten Years of Decline on South Africa’s Construction Risk Landscape

    April 23, 2026

    Why Are We Preparing Young People for a Version of Work That Doesn’t Exist?

    April 23, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    © 2026 Business Explainer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.