Why is REFIT unfit?

Financial Mail Online
28 July 2011: Department of energy deputy director- general Ompi Aphane says the Electricity Regulation Act does not provide the necessary mandate for SA’s national energy regulator (Nersa) to predetermine tariffs
Two-and-a-half years after SA’s renewable energy feed-in tariff (Refit) process was announced, potential independent power producers (IPP s) have been told that the process is illegal, and rates for power procurement will now be based on a competitive bidding process rather than on fixed tariffs.
The move leaves investors reeling, wondering why they poured money into projects that may never see the light of day.
Read more…

Post a comment

Market Segment
System Size
Total Capacity
0 - 30 kWp
Commercial and Industrial (C&I) - SSEG
30kWp - 1MWp
C&I Large Scale and utility scale
1MWP - 50MWp
Utility Scale
> 50MWp