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 No. 692 of 2020
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Notice No. 692

19 June 2020

GG 43453

 

National Treasury

 

I, Tito Titus Mboweni, Minister of Finance, hereby give notice under section (6)(2) of the Carbon Tax Act, 2019 (Act No. 15 of 2019), 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 ending on 31 December 2019 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;
(t) hydro not exceeding 15 MW installed capacity, R 1,61; and
(g) hydro greater than 15 MW installed capacity, R0,84,

per kilowatt hour.

 

 

TT Mboweni

Minister of Finance

Date: