Eskom announces top 10 municipalities and metros that owe it the most money

[Jan]

Eskom exposes worst municipalities in R95-billion disaster

South African municipalities owe Eskom R95.4 billion, with the amount set to continue growing as the National Treasury’s debt relief programme fails to gain traction.

This was revealed by the utility at the presentation of its annual financial statements for the 2023/24 financial year end.

 

[Velskoen]

A billion here, a billion there. Soon you're talking real money.

 

[Dups!]

Okay, how in the world did Northern Cape get that high. Gauteng was to be expected, maybe along with Mpumalanga and Free state.

 

[ProfA]

2010 called. they want their useless article back. eskom needs to stfu about municipal debt if eskom keeps allowing it to grow.

 

[Calkem]

Cut them off, attach assests and bank accounts..... Make those municipality workers scream

 

[Neptuner]

Witbank/Emalahleni is like a miniature Jozi. Last year they stoned the Mayor right on the head.

 

[gotaway]

Cut them off, attach assests and bank accounts..... Make those municipality workers scream

Not how it works. Why should paying residents be punished due to an intergovernmental dispute? Court cases confirmed that.

And before it is said "you voted for them". How sure are you?

 

[Corelli]

Haha cut them off

Free State has owed them billions for years and this has been forgiven before, but then they dont pay again the next year.

As for Gauteng its bad

Im curious which municipalities in the Western Cape, because anything overdue for a month can be seen as debt, so you would probs have to remove about R2-3 billion out of each of those as running costs.

But peculiar. Eskom keeps them running but I pay late by 3 days and I am cut off (I am direct Eskom).

 

[Thugscub]

Cadres hard at work stealing.

 

[wingnut771]

Why doesn't Eskom own the defaulting munis infrastructure yet already?

 

[Tomtomtom]

Sell the distribution and the debt to private energy retailers like overseas, and see how fast this problem disappears.

Edit: the reason this won't happen is the same reason we have the debt in the first place. Electricity in SA is a political thing and it's de facto one of our social grants.

 

[Corelli]

Why doesn't Eskom own the defaulting munis infrastructure yet already?

The irony is the people pay the municipalities for electricity, but instead the municipalities pocket the money and doesnt pay it across the Eskom. So Eskom cant really retaliate against the clients because when they do, the clients shows them the bills has been paid, but the problem is the corruption at municipal levels.

 

[Flanders]

Gotta find out who's naughty and nice...

 

[wingnut771]

The irony is the people pay the municipalities for electricity, but instead the municipalities pocket the money and doesnt pay it across the Eskom. So Eskom cant really retaliate against the clients because when they do, the clients shows them the bills has been paid, but the problem is the corruption at municipal levels.

Transfer muni assets to Eskom then Eskom will get the money. Eskom should be attaching substations and transformers etc not chairs and office furniture.

 

[hj007]

I thought Soweto was supposed to be this big defaulter? Are they in the jhb pie or did that get rectified, or was it just noise?

 

[richjdavies]

I thought Soweto was supposed to be this big defaulter? Are they in the jhb pie or did that get rectified, or was it just noise?

It's Eskom direct there not "Soweto city", so it's thousands of non payers not one big municipality (I presume?)

 

[wingnut771]

I thought Soweto was supposed to be this big defaulter? Are they in the jhb pie or did that get rectified, or was it just noise?

I think Soweto is half shitty power and half Eskom direct.

 

[G.A.S]

Haha cut them off

Free State has owed them billions for years and this has been forgiven before, but then they dont pay again the next year.

As for Gauteng its bad

Im curious which municipalities in the Western Cape, because anything overdue for a month can be seen as debt, so you would probs have to remove about R2-3 billion out of each of those as running costs.

But peculiar. Eskom keeps them running but I pay late by 3 days and I am cut off (I am direct Eskom).

I do wonder how much of this is due to previously paying customers (at municipality level) switching to solar, resulting in less income to subsidize non-payers.

 

[Lupus]

It's Eskom direct there not "Soweto city", so it's thousands of non payers not one big municipality (I presume?)

Half and half, East is Eskom, west is City power

 

[Lupus]

I do wonder how much of this is due to previously paying customers (at municipality level) switching to solar, resulting in less income to subsidize non-payers.

Barely any really