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Energy and Water independence has been on the agenda for a number of years within the property development sector. The combination of the change in weather patterns, failing infrastructure and development in the technology around energy, now enforces consumers demand for solutions from property developers and community trustees and management.
Estate Living #ExpertInsight webinar, brings together leaders in this field to discuss the way forward. Dr Anthony Turton, updates us on the emergence of public and private sector partnerships where the courts are paving the ways for municipalities and residential communities to collaborate. These collaborations would include water, refuse removal and energy independence. GreenSun looks at advancements in technology in mini grids and virtual power stations for existing developments and Bright Light Solutions explore financial models for new developments. PEC discusses smart metering for homeowners and residents.
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Privatisation of service provision
5 min readRecent events indicate the emergence of an alternative model for the management of services like water and waste. Several separate initiatives are under way, currently unconnected, but all moving in a similar direction. In areas where municipalities have failed, courts have ruled in favour of residents’ associations, giving them the right to manage water and waste. It is evident that, with increased support from National Treasury and the Presidency, a new model is emerging that will enable private capital to be raised for clearly defined public services provision.
