| Guidelines Set For Renewable Energy Feed In Tariffs | |
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 The National Energy Regulator of South Africa said that Renewable Energy Feed In Tariffs (Refit) will assist the government to meet its supply target of 10 000 gigawatts per hour by 2013.
Thembani Bukula, the chairman of the Electricity Sub Committee, at the release of guidelines in Pretoria, said the tariff would have to cover the cost of generation as well as a profit that would motivate developers to invest. "The approved Refit guidelines will create an enabling environment for achieving government's 10 000GHW renewable energy targets by 2013 and sustaining growth beyond the targets," said Bukula. The approximate prices suppliers of the energy would pay the renewable energy generators would be: wind R1.25 per kilowatt hour; small hydro 94 cents; landfill gas 90 cents and concentrated solar R2.10. Bukula said the tariffs would have no impact on the man on the street at this stage. He said that renewable energy currently accounted for five percent of energy generated by the country at present and that Europes target of twenty percent by 2020 was also achievable by South Africa. "We do have the sun, we do have the wind. The target is a target we can get to," he said. There would also be incentives for the larger multinational companies to use renewable energy. "If you look at Mecedes Benz and other multinationals, if they can buy.....wind power for instance, at the rate that it is, they get other credits for having cars that have been done with green energy."
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