GEORGE NEWS - George Municipality has started with a pilot project where it will investigate the possibility of "wheeling electricity" on its grid.
In essence, the municipality aims to develop a more sustainable business model, which will allow the delivery of electricity generated by a private operator at one location to a buyer or off-taker in another location via the municipal network.
This forms part of a larger process where the municipality is aiming to migrate to a more sustainable financial model in the future.
"By wheeling electricity through the municipal grid to businesses and individuals, it creates another revenue stream for the municipality, encourages and attracts renewable energy investment, and establishes a business-friendly environment for local businesses and residents," said Steyn van der Merwe, Acting Director of Electrotechnical Services. "It makes the energy sector more competitive."
Electricity increases to customers indicate a 37,6% increase over the last three years: 13,07% for 2019/20; 6,22% for 2020/21; and 14,59% for 2021/22.
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