Eskom praising power thieves — while demanding 66% tariff hikes for paying customers
While over a quarter of Eskom's prepaid customers are stealing electricity and bleeding the utility dry, it wants to slap its law-abiding paying customers with exorbitant price hikes of 66% in the next three years.
The arrival of the key revision number (KRN) rollover deadline on 24 November 2024 confirmed that South Africa's main power utility is likely losing much more to electricity theft than its previous estimates had suggested.
While over a quarter of Eskom's prepaid customers are stealing electricity and bleeding the utility dry, it wants to slap its law-abiding paying customers with exorbitant price hikes of 66% in the next three years.
The arrival of the key revision number (KRN) rollover deadline on 24 November 2024 confirmed that South Africa's main power utility is likely losing much more to electricity theft than its previous estimates had suggested.