The municipality of Cape Town, in South Africa, has long purchased the excess energy produced by the photovoltaic systems of companies and private individuals, who between 2022 and 2023 - the mayor announced today - earned a total of 25.8 million rands (approximately) from this trade one million and 230 thousand euros).
“The city will purchase as much solar power as individuals and businesses can sell to us under the Cash-for-Power program, with 25 million kilowatt-hours (kWh) already purchased as of February 1 of this year,” said Mayor George Hill-Lewis .
“I consider this money to be some of the best we have ever spent,” he added, “and I look forward to seeing how this program expands further. Not only are we adding crucial kilowatts to our grid at a lower cost than supplying Eskom of State), but we are also putting money back into citizens' pockets. This is how energy is democratized and power is truly put in the hands of the people."
Hill-Lewis, the first mayor in South Africa to implement the policy, said residents and businesses will play a "crucial role" in helping the city end the electricity blackouts that have plagued the whole of South Africa since 2008. initiative is part of the city's commitment to reduce dependence on Eskom.
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