COCT unveils new electricity meter allowing residents to sell solar power back to metro
The metro said the device would enable residents to sell excess solar power back to the municipality under its Cash for Power Programme.
Cape Town Mayor Geordin Hill-Lewis poses with the city's new electricity metre. Picture: @CityofCT/X
CAPE TOWN - The City of Cape Town has unveiled a new electricity meter that will cost residents just over R6,000.
The metro said the device would enable residents to sell excess solar power back to the municipality under its Cash for Power Programme.
The City of Cape Town said the new electricity meter was 40% cheaper than the older version, which costs R10,508.
According to the metro, more than 1,500 independent power producers are already benefiting from the Cash for Power Programme.
The initiative was introduced in 2022, in part to help curb the impact of load shedding on Capetonians.
Now, residential power producers are also able to sell power back to the metro.
The city is urging residents to place orders for the new electricity meter as well as sign up for the Cash for Power Programme.