BRINGING POWER TO THE PEOPLE
Chain Concepts is a private company 100% black owned
Chain Concepts embraces diversity and is a company that is racially diverse
Our Mission
To provide superior quality products and continuously increase our market share by ensuring timeous delivery, product availability, and exceeding our client's expectations.
VISION
To become South Africa's leading energy solutions provider, the best in its class in quality and service delivery to our clients.
OBJECTIVES
To be a close knit business creating value for it's shareholders, clients and employees through growth and optimisation.
THE ENERGY
SOLUTIONS COMPANY
Chain Concepts is a multi-disciplinary Group with diversified interest in Energy, Water and Power Industries providing a wide range of Project Development, Engineering, Procurement and Construction (EPC), Operation & Maintenance Services and Products, and with a special focus on revenue protection for municipalities and utilities.
Chain Concepts has also ventured into Power Generation Sector and is developing Renewable Energy based Power Plants as part of its expanded portfolio. We have a projected portfolio in EPC contracting of over 1,000 MW and are fully equipped to undertake multiple power projects simultaneously.
At present, Chain Concepts is among the top ten fastest growing companies in the Southern African Energy / Power Sector. With a vision to be the leading integrated Power & Engineering solutions company, Chain Concepts has diversified into several verticals through its Project Companies. We aim to become a major player in contracting Power Plants and EPC with underlying interest for diversification in power plant development. We are continuously evaluating & selectively participating in the opportunities present in the power generation sector with a focus on medium solar photovoltaic plants, rooftop solar solutions, metering solutions and electrical infrastructure upgrades.
ABOUT US
Company Overview
Company Ownership
Chain Concepts is a private company 100% black owned.
Management Control
Chain Concepts is a black-owned, black-managed and black-controlled company. The management team tasked with daily operations is 100% black. The board of directors of the Company comprises of 100% directorship percentage of black directors.
Skills Development
Chain Concepts employees are beneficiaries of the Skills Development Plan submitted for a mandatory grant for Workplace Skills Implementation to CHIETA on an annual base.
Preferential Procurement
Chain Concepts makes a concerted effort to procure and secure services from BEE suppliers as part of the company’s efforts towards achieving the national objectives of SMME development.
Corporate Social Investment
Our executive team actively seeks to redress imbalances of the past and as such the company has identified areas of participation in CSI which include involvement in community development and partnering with our suppliers and customers on developmental programmes.
BEE Rating
Chain Concepts qualifies as an Exempted Micro Enterprise and as such Is a Level 1 BEE contributor company.
Employment Equity
Chain Concepts embraces diversity and is a company that Is representative of the country’s racial make-up, in compliance with the Employment Equity Act.
REVENUE PROTECTION
Utilities around the world lose billions of dollars from technical and non-technical losses. Whether it is electricity theft, such as illegal hookups and altered meters, or technical losses, such as equipment failure or line losses, an estimated $200 billion in utility revenue is lost each year. Technical losses aren’t minimal, but non-technical losses such as electricity theft or diversion can be significant. In some cases, nontechnical losses have become the key incentive for the deployment of advanced metering infrastructure (AMI) to help curb electricity theft.
Our system has the ability to identify potential high risk meters, where you will lose revenue. This is highlighted and reported to you as the client every month.
Tampers
Meter had a power off, power on and a tamper event within a 24-hour period.
Load-Side Voltage
Meter received a load-side voltage alert and was disconnected by AMS within the past 30 days.
Disconnect Tamper
Meter had a move-out order or disconnect non-pay in past 24 hours and also had a tamper alert in the same time period.
No Read Automation
Meter has not communicated for the past 24+ hours.