Eskom looks to hike electricity price

Eskom announced yesterday that is going to ask the National Energy Regulator of South Africa (Nersa) for a price increase of just under twenty percent for the 2018/ 2019 financial year.

Prices have gone up steeply since 2008.

The Midday Report Host Stephen Grootes spoke to EE Publishers' Chris Yelland, who says Eskom is unlikely to be able to justify their price hike to Nersa.

You can’t just put the price up year after year without seriously impacting consumers, commerce industry, energy intensive users and in fact the whole economy.

Chris Yelland : MD EE Publishers

There are alternatives to electricity that are emerging. Eskom has to watch out very carefully because people defect to using alternative energy sources.

Chris Yelland : MD EE Publishers

There is a huge amount of other political noise around the power utility with allegations of corruption around its board chairperson Dr Ben Ngubane and its controversial decision of Brian Molefe’s reinstatement which was later rescinded.

Take a listen below:


This article first appeared on 702 : Eskom looks to hike electricity price


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Opinion: Eskom needs to clean house before 'begging' consumers for more money

Opinion: Eskom needs to clean house before 'begging' consumers for more money

Xolani Gwala says consumers should not have to bear the brunt of a proposed electrify tariff hike.

"Minister's decision to dismiss Molefe may have jeopardised Eskom's case"

"Minister's decision to dismiss Molefe may have jeopardised Eskom's case"

Michael Bagraim, labour lawyer says Brian Molefe has a good case against Eskom and is protected by the Constitution.

Eskom will keep supplying Zim with power despite half a R1 billion debt

Eskom will keep supplying Zim with power despite half a R1 billion debt

Eskom earlier threatened to cut off electricity supply to Zimbabwe when the country failed to pay arrears owed.

Outa seeks Eskom break-up into two distinct corporations

Outa seeks Eskom break-up into two distinct corporations

The Organisation Undoing Tax Abuse has embarked on several tasks to uproot corruption at Eskom

City of Joburg promises to spend 60% of budget on uplifting poor

City of Joburg promises to spend 60% of budget on uplifting poor

MMC for Finance Dr Rabelani Dagada explains the City's plans after Johannesburg Mayor Herman Mashaba delivered the budget speech.

Joburg rates tariffs hike by 6.2%, electricity 2.2%

Joburg rates tariffs hike by 6.2%, electricity 2.2%

The City of Joburg MMC for Finance, Dr Rabelani Dagada delivered the first budget speech by the DA-led coalition government.

New smart electricity meter means everyone pays upfront

New smart electricity meter means everyone pays upfront

Siemens AMI smart meters will convert post-paid meters to pre-paid and plans to bring down municipalities Eskom debt.

'Once off' amnesty for tampered electricity meters expires end of June

'Once off' amnesty for tampered electricity meters expires end of June

City of Johannesburg urges you to reset your electricity meter if you have tampered with it or else you may face criminal charges.

Popular articles
Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

More arrests are imminent in connection with the cash-in-transit heists - Hawks

More arrests are imminent in connection with the cash-in-transit heists - Hawks

Seven suspects were arrested in Limpopo in less than 24 hours after a cash-in-transit vehicle was blown up in the province.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

The story of amaBhungane (and how it’s digging up dung on the Guptas & friends)

The story of amaBhungane (and how it’s digging up dung on the Guptas & friends)

The Money Show’s Bruce Whitfield interviews amaBhungane Centre for Investigative Journalism Investigative Journalist Craig McKune.

Meet Elmar Conradie, CEO of low-cost FlySafair (world’s most on-time airline)

Meet Elmar Conradie, CEO of low-cost FlySafair (world’s most on-time airline)

The Money Show’s Bruce Whitfield interviews Conradie for his “ShapeShifter” feature.

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.