Cape Town to buy power from commercial producers, mayor says

Private electricity producers must register with the city to qualify for the programme.
Image: Getty Images

The South African city of Cape Town is starting a programme to buy power from commercial and industrial producers who will be allowed to send power to the grid for cash, Mayor Geordin Hill-Lewis said.

Private electricity producers must register with the city to qualify for the programme, Hill-Lewis told reporters Monday.

The city plans to roll out a programme to residential producers once a commercial program has been established, he said.

© 2022 Bloomberg

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Well – how much better can it get? Common sense prevails! Hope it works out.

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