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Geyser subsidies may double

Cape Town - On Wednesday Eskom will announce details of a dramatic adjustment to its subsidy programme for solar water heaters in an effort to encourage their distribution.

It would appear that in some cases the subsidies will more than double.

According to a statement by the Solahart solar water heater supplier, the subsidy on its 300-litre unit has been increased from R4 918 to R12 097.

Solahart says this follows a memorandum sent by Cedric Worthmann, Eskom's solar water heater programme manager, to approved suppliers participating in the subsidy programme.

Andrew Etzinger, head of demand-side management at Eskom, confirmed that the utility had amended its solar water heater subsidy programme to promote greater buy-in. He was unable to say exactly how much larger the subsidies would be, but confirmed that they would come into effect on Monday. The methodology by which the subsidy for each specific model on the approved suppliers' lists is calculated has been revised.

In the two years that it has existed, the programme has been unable to attract the numbers initially hoped for by Eskom.

- Sake24.com

For more business news in Afrikaans, go to Sake24.com.

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