Aggiornamento sulla petizioneChange The Electricity Regulation Act of 2006 Chapter IIIPresident Cyril Ramaphosa calls for a change in the electricity regulation act
Rick BronkhorstCape Town, Sudafrica
13 feb 2023

President Cyril Ramaphosa has stated in his SONA speech that:

"Later this year, we will table the Electricity Regulation Amendment Bill to transform the energy sector and establish a competitive electricity market.   
As indicated in July last year, and with a view to addressing the load-shedding crisis, we are going to proceed with the rollout of rooftop solar panels.  
 
In his Budget Speech, the Minister of Finance will outline how households will be assisted and how businesses will be able to benefit from a tax incentive.  
 
National Treasury is working on adjustments to the bounce-back loan scheme to help small businesses invest in solar equipment, and to allow banks and development finance institutions to borrow directly from the scheme to facilitate the leasing of solar panels to their customers.  
 
One of the potent reforms we have embarked upon is to allow private developers to generate electricity. There are now more than 100 projects, which are expected to provide over 9 000 MW of new capacity over time.   
 
A number of companies that have participated in the renewable energy programme will soon enter construction and deliver a total of 2 800 MW of new capacity."

Well done all!
We're getting there, keep sharing, keep signing.

Source: President Cyril Ramaphosa: 2023 State of the Nation Address

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