Energy Bounce Back Loan Guarantee Scheme
National Treasury has launched the Energy Bounce Back Loan Guarantee Scheme (EBB). The initiative is aimed at working towards alleviating the negative impact of continual difficulties resulting from unreliable power supply on small businesses and households. The EBB aims to generate 1000 MW in additional generation capacity during the next 12 months as well facilitate resilience to loadshedding for micro and informal businesses. 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.
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