Data provided by iNet BFA
Loading...
See More

Solar geyser roll-out to be sped up

Aug 25 2011 12:29 Sapa

Related Articles

Money runs out for solar geysers

Eskom to cut solar heater discount

Big boost for Eskom wind, solar plants

Use solar to power SA: Greenpeace

Solar industry accused of collusion

SA has 'exceptional' solar resources

 

Cape Town - Cabinet on Wednesday approved the implementation of "key tasks" to speed up the solar water geyser roll-out programme, government spokesperson Jimmy Manyi said on Thursday.

Briefing the media after cabinet's regular fortnightly meeting, he said these included developing guidelines for the programme, engaging with potential funders and establishing a steering committee.

Eskom was granted R1.15bn by the National Energy Regulator of SA through the multi-year price determination process to install 259 000 systems.

To date, 144 141 systems have been installed at a cost of over R750m.

The multi-year price determination process has already been approved and will enable Eskom to increase installations to 446 000 units by the end of the 2012 financial year, he said.

 
nersa
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

How you get trapped by debt

Borrowing money is so quick, so easy - and so deadly, says Susan Erasmus.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...