Eskom invites energy-saving project proposals under ESCo Funding Model
Power utility, Eskom is inviting Energy Services Companies (ESCos) and Project Developers to:
- Identify and scope opportunities to improve energy efficiency, reduce energy usage and shift energy load from evening peak to off-peak hours on behalf of customers in the commercial and industrial sectors;
- Develop project proposals based on these opportunities; and
- Submit these proposals to be considered for funding under the umbrella of the ESCo Model.
The funding model forms part of Eskom’s strategic commitment to:
- Supply customers with funding and advice on how to reduce energy use and, as a result, lower their operating costs; and
- Offer customers an opportunity to help stabilise the power system.
Projects with a demand savings potential greater than or equal to 250kW – 1 200kW (kilowatt) will be considered on condition that they:
- Be submitted by Black-owned Energy Services Companies or Project Developers;
- Be implemented within 6 months at a maximum of five sites, preferably close to each other and with a minimum saving of 50kW per site; and
- Achieve sustained demand savings during evening peak periods over a period of 36 months.
Projects with a demand savings potential greater than or equal to 500kW (kilowatt) will be considered on condition that:
- They be implemented at a single site within 6 months; and
- Achieve sustained demand savings during peak periods over a period of 36 months.
Projects that are based on converting waste material into energy; renewable energy sources, such as solar and wind energy; and heat pump and solar water heating technologies will not be considered for funding under the umbrella of the ESCo Model. Moreover, funding is limited: Energy Services Companies or Project Developers are urged to submit proposals for consideration as soon as possible.
Says Eskom spokesperson Khulu Phasiwe: “The ESCo Model makes a significant contribution on three fronts – it supports customers in the commercial and industrial sectors in their efforts to lower energy use; helps to keep South Africa’s power system stable and, importantly, in the case of projects that can achieve demand savings of 250kW or more, offers a vehicle for the empowerment of emerging Black-owned Energy Services Companies and Project Developers in the fields of energy efficiency and energy management.”
Interested companies can call 08600 37566, leave their name and number, and request that an Eskom Energy Advisor contact them and supply them with additional information.
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