This industrial site comprises SIX units, with FOUR currently under lease agreements. The owner is busy revamping each unit. Each unit consists of a large factory space, offices, kitchenette, ablution facilities and ample yard space. The property offers ample gated parking with additional overflow parking available across the road. One of the standout features of this site is its participation in the Loadshedding Curtailment Program.
To combat load shedding, the City of Cape Town has initiated a program in industrial zones, of which Marvello is a part, aimed at reducing energy consumption. To achieve this, all companies connected to the same main station or busbar must work together to meet specific load curtailment targets during load shedding periods. Power Star, a company specializing in meter installations, oversees the system at IBCo. Businesses must reduce their energy usage by the following percentages during load shedding stages:
Stage 1 and Stage 2: 10% reduction in power consumption required
Stage 3: 15% reduction in power consumption required
Stage 4: 20% reduction in power consumption required
Benefits of curtailment include ensuring uninterrupted power during load shedding, keeping essential machinery and production lines in operation while nonessential equipment is powered down. Companies are encouraged to go above and beyond to accommodate those not participating. The more companies involved, the smoother the process of meeting reduction targets becomes.
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