Friday, June 10, 2011

R250m set aside for business-focused power-saving scheme

"State-owned power utility Eskom has confirmed that R250-million has been set aside as part of a ‘standard offer’ to business consumers, including hotels, commercial property companies and light manufacturers, that are able to prove a reduction in their power consumption patterns.

Successful applicants will secure a three-year contract with Eskom, with 40% of the payment made after the energy savings have been made and verified. The balance will be paid in tranches at the end of each year." More, here on Engineering News
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