New smart electricity meter means everyone pays upfront

Municipalities owe Eskom R9 billion.

Siemans Energy Management Division's Shahriar Khayyam, says his company has adopted smarter and more efficient technologies to bring down those billions of rands in debt.

Khayyam says their smart meter solution will guarantee revenue collection.

We've got a very powerful software backhand system which is cloud based which will be able to gather all the data from the meters.

Shahriar Khayyam, Divisional Director of Energy Management for Siemens Southern & East Africa

Councils will now be able to put in different tariffs and can look at which faults are occurring and in which areas. He adds that the meters are also tamper-proof.

This converts the post-paid to a pre-paid solution. This allows the municipality to have a constant stream of growing use so that they can negotiate better with their suppliers on how to use the electricity more efficiently.

Shahriar Khayyam, Divisional Director of Energy Management for Siemens Southern & East Africa

It is reported a large metropolitan municipality with 550 000 meters recently tested the new AMI metering technology on 7000 large power users that made up 56% of consumption. The utility was immediately able to reduce its debtor days from 155 to -15.

Take a listen to the full interview here:

Read More
"Hard to believe the minister would not have known about the contract"

"Hard to believe the minister would not have known about the contract"

DA's Natsha Mazzone comments on reports that Minister Lynne Brown may have misled Parliament about Eskom and Trillian contracts.

AmaBhungane prove multi-million rand payout from Eskom to Gupta- linked Trillian

AmaBhungane prove multi-million rand payout from Eskom to Gupta- linked Trillian

This comes after Minister Brown denied any concluded contracts between Eskom and Gupta-linked financial advisory group, Trillian.

AmaBhungane exclusive: How Lynne Brown misled Parliament

AmaBhungane exclusive: How Lynne Brown misled Parliament

Senior Investigative Journalist at AmaBhungane, Sam Sole, reveals how Eskom helped the Guptas obtain the Optimum coal deal.

Gupta-linked Trillian invoiced Eskom R419m without formal contract - amaBhungane

Gupta-linked Trillian invoiced Eskom R419m without formal contract - amaBhungane

It has emerged that Minister Brown misled Parliament about the nature of the working relationship between Eskom and Trillian.

Eskom, SABC, SAA… There’s an almighty battle raging for the soul of our SOEs

Eskom, SABC, SAA… There’s an almighty battle raging for the soul of our SOEs

The Money Show’s Bruce Whitfield interviews Econometrix Chief Economist Dr Azar Jammine.

[Cartoon] Renewable energy

[Cartoon] Renewable energy

EWN's Dr Jack & Curtis take a look at Minster Lynne Browns 'bright idea' to reinstate Brian Molefe as Eskom CEO.

Mantashe won't say whether top 6 agree on 'discomfort' over Molefe reinstatement

Mantashe won't say whether top 6 agree on 'discomfort' over Molefe reinstatement

ANC secretary general Gwede Mantashe speaks on Molefe's return to Eskom and new allegations made by the former Mining Minister.

We don't have power to strong-arm mining minister, says Ngubane

We don't have power to strong-arm mining minister, says Ngubane

Eskom board chairman Ben Ngubane has defended CEO Brian Molefe amid damning blackmail claims, less than two days back at the job.

Brian Molefe a no-show at African Utility Week

Brian Molefe a no-show at African Utility Week

Eskom board chair Ben Ngubane speaking in his place at the opening said Molefe and Eskom board saved SA from loading shedding.

"Stakes are so high people's lives are going to be in danger" analyst

"Stakes are so high people's lives are going to be in danger" analyst

Ralph Mathekga and Peter Bruce comment on Ramatlhodi's claims that Molefe and Ngubane pressed him to suspend Glencore's licenses.

AmaBhungane: Former mining minister reveals "hijacking" of Optimum Mine

AmaBhungane: Former mining minister reveals "hijacking" of Optimum Mine

AmaBhungane had an exclusive interview with former mining minister Ngoako Ramatlhodi about how Guptas got Optimum mine.

Popular articles
Discovery CEO (and founder) Adrian Gore bares his soul about money

Discovery CEO (and founder) Adrian Gore bares his soul about money

The Money Show’s Bruce Whitfield interviews Gore about his attitude to money (hopes and fears, successes and failures, etc.).

Ocean Basket gives franchise owner the chop after assault video

Ocean Basket gives franchise owner the chop after assault video

The man was immediately divested of his shares and is no longer part of the group, explains Ocean Basket CEO Grace Harding.

LISTEN: A 'smaller nyana' mash-up of Bathabile Dlamini's most outrageous quotes

LISTEN: A 'smaller nyana' mash-up of Bathabile Dlamini's most outrageous quotes

ANC Women's League president Bathabile Dlamini is no stranger to controversy and has made many head-scratching comments before.

WATCH: Cape schoolkids 'starstruck' after Trevor Noah,  Charlize Theron drop by

WATCH: Cape schoolkids 'starstruck' after Trevor Noah, Charlize Theron drop by

Oaklands High principal Reza Patel says it was an extremely exciting experience for both the learners and staff. We can imagine!

CoCT explains new electricity tariffs

CoCT explains new electricity tariffs

Following residents concerns over new electricity tariffs and properties being re-evaluated, Johan van der Merwe provides clarity.