Eskom Rebates - Background
Reasons why Eskom developed the rebate model include
- Urgent need to accelerate energy efficiency project to reduce the energy shortfall
- Current and projected supply - demand gap shows an electricity shortage in South Africa.
- Currently R 5.45 bn are budgeted to be utilized on DSM initiative in a 3 year window.
- Funding currently available on the commercial rebate program: R350 million.
The Eskom Esko model
- ESCO's are Eskom approved energy savings companies.
- ESCO's are experts at energy management projects
- ESCO's identify opportunities within companies to reduce electricity consumption
- ESCO’s submit proposals on their customers’ behalf to ESKOM in order that the customer may participate in the funding program
- Energy Tech is a registered ESCO at Eskom
The Eskom Rebate models