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Cash for power: Cape Town gets Treasury exemption to pay businesses and residents directly

Cape Town Mayor Geordin Hill-Lewis has announced the City can now pay cash for power fed into the local electricity grid. Businesses, and in time residents, will receive cash for selling their excess power into Cape Town’s grid. This after National Tre…

Production

Cash for power: Cape Town gets Treasury exemption to pay businesses and residents directly

Cape Town Mayor Geordin Hill-Lewis has announced the City can now pay cash for power fed into the local electricity grid. Businesses, and in time residents, will receive cash for selling their excess power into Cape Town’s grid. This after National Tre…