ACHIEVEMENTS TO DATE

Over the past ten years, SANEDI has worked hard to streamline the tax incentive process and ensure exceptional delivery of this offer to the market, thereby supporting, promoting and accelerating the uptake of energy-efficiency measures in the country. We believe we’ve made significant strides in this regard but will continue to refine our processes and systems to best facilitate this instrument of government.

By 31 December 2022, which marks the end of the third quarter of the 2022/23 financial year, the 12L tax incentives programme achieved the milestone of 300 completed and certified projects since its inception.

From these projects, which were claimed by 117 companies, the combined energy savings totalled 27 652 GWh, translating to 27 megatons of direct CO2 avoided emissions. A combined 13% of the savings, equal to 3 627GWh, came from grid-tied projects. This is a significant contribution to demand-side management in support of the constrained electricity grid.

The 12L tax incentive has made a significant contribution to South African businesses. The total tax claim of R22.6 billion has unlocked investments in energyefficiency interventions from which the participating companies will continue to benefit for years to come, while the advantages of improved energy productivity will accrue to the broader economy.