Gasoline options supplier Masana Petroleum Options strongly urges companies to benefit from the Part 12L Power Tax Incentive, below South Africa’s Earnings Tax Act, earlier than it is just too late, as this alternative is simply out there to 2020.
The incentive provides an allowance for businesses to implement power efficiency savings.
By its certified measurement and verification providers, Masana says it is helping its purchasers within the South African mining and industrial sectors unlock tax rebate advantages by verifying the success of their energy saving initiatives.
Due to its partnerships with know-how developer Power & Combustion Companies Know-how Solutions Development (ECS), oil and gasoline firm BP and industrial lubricants supplier Castrol, Masana has been providing the native market a range of options geared toward bettering fuel efficiencies since 2005. Of particular relevance to the mining business is the company’s excessive-performance products and gas administration programs for improved haul road efficiencies and diminished heavy gear maintenance.
ECS operations director Peter Meyer explains that these interventions have helped mines achieve vital gas financial savings, which thanks to its affiliation with ECS Masana can additional validate through its measurement and verification companies. These services are certified by the South African Nationwide Normal for the measurement and verification of energy savings SANS 50010-2011 and the latest International Performance and Verification Protocol, IPMVP -2012.
With demonstrated yearly gasoline consumption financial savings of between 5% and 12%, Masana’s clients can entry the Section 12L Vitality Tax Incentive, the place tax rebate certificates of 95 c/kWh have been realised on account of energy enchancment projects.
Providers Improve Value
Masana is able to increase the quality of the BP and Castrol brands by means of its prolonged value service choices, from on-site fuel management services and on-highway gasoline administration know-how to the productiveness and energy administration services supplied by ECS.
“Understanding the numerous impact of consistent, high-quality fuel supply on mining and industrial operations has been at the guts of Masana’s value proposition. “Masana’s strategic partnerships have enabled it to provide its shoppers with a range of merchandise that, combined with its prolonged services, make sure that [the company] turns into part of their business technique in a seamless and skilled manner, says Meyer.
He provides that Masana, enabled by ECS’s competence in vitality management observe, is also nicely positioned to help shoppers in complying with latest proposed amendments to legislation, which include new reporting requirements for diesel rebate claims and proposed necessary power reporting necessities for giant industrial customers. He highlights that, through ECS’s capabilities in this area, Masana can provide its clients with the assurance that these requirements are met and, as well as, there may be the potential to identify and explore additional energy saving opportunities.
“Masana’s focus will continue to be on securing product supplies for its shoppers, whereas growing its collaboration with them and its strategic partners to ensure value provides that can end in power financial savings and scale back downtime. /p>
ECS offers skilled companies and applied sciences, as well as support, to Masana’s prospects for the assorted steps required in implementing vitality administration programmes at their operations. This contains metering, measurement and information acquisition, use evaluation, energy auditing, baseline vitality modelling, opportunity identification, solutions development, mission management and intervention tracking, monitoring and interactive reporting, performance dashboards and energy administration data systems.
Meyer explains that modelling and figuring out baseline energy use involve identifying the parameters that influence on power use at mines and creating performance fashions that characterise this energy use within the baseline period. Visualisation platforms to observe and track power use towards baseline energy use on an ongoing basis are then developed and, as well as, specialist teams ensure the identification and quantification of particular-trigger variation and performance drivers and undertake to fulfil the legislative reporting requirements for diesel rebate claims and proposed obligatory power reporting requirements for giant mining and industrial power users.
ECS and Masana can then analyse the success of projects aimed at power conservation, evaluating baseline productiveness and power use before and after an improvement measure is carried out, validating the influence.
“We additionally present opportunity scoping, using our proven methodologies to establish areas the place productiveness and power conservation measures will be applied to additional cut back energy use, says Meyer. Vitality planning, focusing on and help with correct power budgeting based mostly on medium- and lengthy-time period mine plans can then be applied, based mostly on this evaluation.