News
Energy Bounce Back Scheme
Publication Date: 24/08/2023
The National Treasury has launched the Energy Bounce Back Loan Guarantee Scheme (EBB) today, an initiative aimed at alleviating the impact of continuing difficulties resulting from unreliable power supply for small businesses and households. The EBB aims to generate 1000MW in additional generation capacity as well as facilitate resilience to loadshedding for micro and informal businesses. Resilience measures include power storage assets without generating capacity, like batteries and inverters. The EBB is a complementary intervention to the tax measures announced in the 2023 Budget Speech. Applicants may therefore apply for both tax and EBB measures.
Read the National Treasury Energy Bounce Back Scheme Press Release
Read the Energy Bounce Back Scheme FAQs