Renewable energy and the 12L energy efficiency tax incentive

June 2014
Energy Management News;Jun2014, Vol. 20 Issue 2, p3
The article discusses Regulations in terms of Section 12L of the Income Tax Act of 1962, on the allowance for energy efficiency savings in South Africa, and states that 12L is an incentive for efficient utilization of energy from harmful sources. Topics discussed include Regulation 6 of 12 L that excludes renewable energy resources (renewables), captive power plants as an exception to the rule for renewables, and steps that should be taken by organizations to make use of the 12L incentive.


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