Another Eskom price hike?

[spiff]

Good idea!!!!
My only concern is with "radioactive substances" and their safety to humans,
much like the mercury in CFL energy savers.

don't think that's such a problem as they use them in pace makers!

 

[MontyPython]

don't think that's such a problem as they use them in pace makers!

makes me wonder. . . . . . . .

eskom increases. . . . . .
heart attacks. . . . .
pace makers . . . . .

i smell a conspiracy,
or
match fixing.

 

[spiff]

makes me wonder. . . . . . . .

eskom increases. . . . . .
heart attacks. . . . .
pace makers . . . . .

i smell a conspiracy,
or
match fixing.

 

[bekdik]

Based on 45%per annum

2008 0%
2009 37%
2010 56%
2011 78%
2012 158%

 

[Gushesh]

Eskom wants 45% tariff hike

Johannesburg - Electricity parastatal Eskom wants a 45% tariff hike every year for the next three years.

This is according to its Multi Year Price Determination submission document to the National Energy Regulator of SA which was handed to the media before a briefing in Johannesburg on Tuesday.

There were other options, but Eskom recommended this option be considered as it "mitigates the impact of price increases on customers and the economy and provides for a sustainable long-term solution".

The parastatal said government had endorsed this approach which was based on the smoothing of price increases.

The second option, not recommended by Eskom, was an increase of 146% in the first year of the Multi Year Price Determination period.

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-25_2556847

 

[MontyPython]

http://www.fin24.com/articles/default/display_article.aspx?ArticleId=1518-25_2556847

Its like the story about slowly cooking a frog in a pot.
Eskom has realized at what % they can raise the rates before the consumers start to cook.

146% would have been brilliant!!!!!!!!!!!!!!!!!!

That would have made the frog jump.

Imagine how good LED's would look then.

As jy dom is moet jy k2k.
As jy nie wil hoor nie, moet jy voel.

Eish, sorry for you.

 

[crashbcoot]

http://www.busrep.co.za/index.php?fArticleId=5195953


Looks like 40% is the minimum that Eskom are going to get.



Why the hell must residential consumers subsidize industry?

I was listening to 702 about an hour ago and effectively residential consumers are subsidising BHP Billiton's profits while the Eskom management get fat bonuses.

 

[I am Penguin]

Too true, sadly so.

What the hell, with this, NHI, new property rates, etc me thinks we are all going to *** a bit.

Please remind me how many tax payers there are as a percentage of population?

AFRICAN MANAGEMENT (MP's) NEURONS (or the lack thereoff) AT WORK!
k@K EN BETAAL IS DIE WET VAN TRANSVAAL.

 

[Kokop]

AFRICAN MANAGEMENT (MP's) NEURONS (or the lack thereoff) AT WORK!
k@K EN BETAAL IS DIE WET VAN TRANSVAAL.

Easy on. We are really only paying our dues

 

[Tun@]

The second option, not recommended by Eskom, was an increase of 146% in the first year of the Multi Year Price Determination period.

That ain't going to happen as the goverment will hold this lot under the carpet as much as possible with regard to 2010 world cup.
A nation doing what Sakhile residents are doing ain't gonna look too inviting

 

[rurapente]

i wonder if the Eskom CEOs want a Panamera, Bentley IC or Veyron this year....

As is typical in Africa, Eskom will plead no money, doomsday electricity supplies and need more money to save our souls. And then will still pay millions of rands bonuses to management.

 

[MontyPython]

http://www.sanea.org.za/CalendarOfE... 2010 (Presentation - Kannan Lakmeeharan).pdf

now imagine increases of 25% - 45% up to 2028!