The 16% electricity tariff hike every year for the next five years is unavoidable, public enterprises minister Malusi Gigaba said on Tuesday. “It [the tariff increase] is not fair, [but] it is necessary,” Gigaba said at a business breakfast in Fourways.
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South Africa needs an independent operator in the electricity sector, the Free Market Foundation (FMF) said on Tuesday. A single grid owner and operator, South Africa’s current model, resulted in a lack of competition, FMF director Eustace Davie told reporters
Independent power producers could provide more than 60GW of conventionally produced electricity, according to the department of energy. This is nearly twice the total capacity now produced by Eskom – and it could be brought to market for far less than what
Eskom’s application for a 16% price hike over five years is vital to cushion the economy against a shock of a sudden tariff rise, public enterprises minister Malusi Gigaba said on Tuesday. Briefing the parliamentary committee on public enterprises, Gigaba was reluctant to declare whether Eskom’s
Eskom has asked for a 16%/year increase in electricity prices for the next five years – an effective doubling in the price over the period. This will increase costs for mobile operators and data-centre providers, with costs eventually flowing through to consumers, industry players have warned. Vox Telecom
Eskom has asked for a 16% increase in electricity prices each year for the next five years, the parastatal said on Monday. This would more than double the price of electricity from 61c/kWh in 2012/13 to 128c/kWh in 2017/18. Eskom has submitted its application
It emerged last week that Eskom plans to kit out consumers’ homes with expensive but energy-efficient light-emitting diode (LED) downlighters and other power-saving gear free. Now, the utility says the project is set to continue well into next year as it strives
Eskom is concerned about its one notch downgrading by rating agency Standard & Poor’s, the power utility said on Wednesday. “Although Eskom’s credit rating remains investment grade, with the support of government, the recent downgrades by Moody’s and Standard & Poor’s are
Eskom’s application for new electricity increases should reflect its costs and be transparent, the Energy Intensive Users’ Group (EIUG) said on Monday. “Currently, tension exists with affordability of electricity to customers at one end, and the need for cost-reflective pricing that supports a viable
How would you like Eskom to replace the lights in your home with expensive but energy-saving light emitting diode (LED) alternatives? The electricity utility is planning to do exactly that and it’s promising to do it at no cost to you. The move – Eskom is planning to kick off the programme within a matter of weeks – forms