Apart from the progressive tariff structure, Cape Town's customers have also faced significant annual tariff increases in recent years, due mainly to rising demand for electricity caused not only by increasing living standards but in particular by the government's mass electrification programs over the...
This payback period would be even lower had it been calculated based on the net present value for money, which considers both annual internal rate and the electricity tariff rate. This initiative is in line with the government’s long-term mitigation strategies for climate change to meet the ...