Carbon Tax Act, 2019 (Act No. 15 of 2019)

Notices

Renewable Energy Premium in respect of Tax Period for purposes of Symbol "B" in Formula contained in Section 6(2) of the Carbon Tax Act, 2019

Notice 1627 of 2021
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Notice No. 1627

15 December 2021

GG 45654

 

National Treasury

 

I, Enoch Godongwana, Minister of Finance, hereby give notice under section (6)(2) of the Carbon Tax Act, 2019 (Act No. 15 of 2019) with effect from 1 January 2020, that for the purposes of symbol "B" in the formula contained' in section 6(2) of that Act, the renewable energy premium in respect of any tax period is, in respect of—

 

(a) biomass, R 2,09;
(b) concentrating solar power, R 4,11;
(c) landfill gas, R1,35;
(d) onshore wind, R1,23;
(e) solar photovoltaic, R 2,27;
(f) hydro not exceeding 15 MW installed capacity, R 1,61; and
(g) hydro greater than 15 MW installed capacity, R0,84, per kilowatt hour.

 

 

Enoch Godongwana

Minister of Finance

Date: 09/12/2021