All of your questions about our Virtual Wheeling Platform, answered.
Does virtual wheeling solve load shedding?
Virtual wheeling will not immediately solve load shedding. As outlined, it provides low/medium voltage enterprises with access to renewable energy. Only If there is sufficient demand, and hence private sector investment into renewable energy will we see a reduction in load shedding levels.
Will virtual wheeling result in cost savings?
If a buyer can procure independent power producer (IPP) generated energy at a tariff that is less than the current WEPS tariff, this will result in an energy cost saving when ESKOM pays the wheeled energy refund (WER) to the buyer.
What changes will be required at the consumer meter points?
Virtual wheeling requires the measurement and reporting of energy consumption on a 30-minute interval for time of use (ToU). All consumer buyers will need to be equipped with the necessary meters capable of supporting this. Eskom maintains a list of approved suppliers and meters that may be used.
What is the impact of virtual wheeling on my Eskom / municipal invoice?
Virtual wheeling does not impact the payment of current Eskom / municipality invoices. However, after monthly reconciliation of the total customer consumption, Eskom will make a single payment to the customer for energy consumed and produced.
How will municipal debt be managed? What happens if I’m in a municipality that owes Eskom money?
Where a Municipality with municipal-connected off-takers is in debt to Eskom, there will be no wheeled energy refund processed for the wheeled energy associated with the off-taker, until the Eskom account is in good standing.
