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Eskom announces upcoming changes to its Standard Offer and Standard Product offerings

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Eskom has announced that, because of the recent price determination by NERSA, it will no longer be able to maintain the incentive rates that have previously been in place. This will affect the standard offer and standard product programmes. You can read the letter yourself (dated the 30th September 2013) but in summary:

Any projects submitted under the programmes after the 11th October will be subject to the new rates (that’s TODAY). There will also be new stringent local content and BEE requirements placed on projects

The eligible size of projects has also been updated. Projects under the Standard Offer now have to be between 200kW and 5MW and projects under the Standard Product will need to be between 10kW and 250kW.

If you hear anything about the new rates being published, please let me know via twitter: @viviwalsh.

Eskom announces upcoming changes to its Standard Offer and Standard Product offerings