Eskom electricity prices versus inflation 2007-2021

[Jan]

Eskom electricity prices have skyrocketed — and it's going to get worse

Average electricity prices in South Africa have surged by over 582% since load-shedding was first implemented in 2007.

Last year saw Eskom implement the greatest amount of load-shedding in 14 years. The utility also slapped an average increase of 15.06% on tariffs for the 2020/2021 financial year.

 

[Gazg]

"..........allowing it to recoup more for unexpected costs to produce electricity."

What they actually mean is the loses from unpaid Municipal accounts, unpaid Government Dept accounts, theft and illegal connections.

 

[ajan]

Aah the good life under communism and central planning

 

[Other Pineapple Smurf]

And here I'm paying R3 a unit in the "City that Cares For You!".

It's inevitable I like many others will go grid tied solar. My goal is to reduce my electricity bill by half.

 

[Priapus]

And here I'm paying R3 a unit in the "City that Cares For You!".

It's inevitable I like many others will go grid tied solar. My goal is to reduce my electricity bill by half.

3 rand per kWh?
Bloody hell.

I'm paying 1.63 a kWh.

 

[Petec]

3 rand per kWh?
Bloody hell.

I'm paying 1.63 a kWh.

Ye, around here also. I'm in CT. R3 is bloody gouging!

 

[isie]

And here I'm paying R3 a unit in the "City that Cares For You!".

It's inevitable I like many others will go grid tied solar. My goal is to reduce my electricity bill by half.

R3 a Kwh

 

[xrapidx]

Almost as bad as the City of Cape Towns water price increases, and their fudged up sewerage cost added to it.

2011





2021

 

[mpdjhb]

3 rand per kWh?
Bloody hell.

I'm paying 1.63 a kWh.

Just over R2 and thats only because 50% of our power is from solar - otherwise the block tariffs would be insane

 

[maumau]

Nice article, tks @Jan

 

[AchmatK]

My pv system only needs to produce another 60MWh for my average price per KWh from pv to be R3.15/KWh. I should be able to produce 15MWh per year.

Based on current pv production I should get there in 4 years time, by which time the CoCT tariffs will be over R5/KWh. The system will only be 5 years old by then and I should easily still be able to get 10 more years out of it taking my cost to under R0.30/KWh over the 15 year period, assuming no maintenance costs which is very likely.

Utility provided electricity cannot compete with solar + storage if you have the roof space to install solar.

 

[AchmatK]

Almost as bad as the City of Cape Towns water price increases, and their fudged up sewerage cost added to it.

2011
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2021
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One of the reasons I'll probably not move from my current location. Been 3 years off grid with water and now 90% on solar saving over R3.5k every month.

 

[RonSwanson]

"..........allowing it to recoup more for unexpected costs to produce electricity."

What they actually mean is the loses from unpaid Municipal accounts, unpaid Government Dept accounts, theft and illegal connections.

Don't forget about the Cubans.

 

[rrh]

Almost as bad as the City of Cape Towns water price increases, and their fudged up sewerage cost added to it.

2011
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2021
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FYI as a single person living in a house in Johannesburg I pay (according to the above account):

1. 395% more for sewerage; and
2. 164% more for refuse removal.

@Jan can I suggest an article on the comparative municipal costs - rates, electricity, water, refuse and sewerage - of living in Johannesburg, Cape Town and Durban ?

 

[Gaz{M}]

Tshwane prepaid is over R3.10/kWh above 650kWh per month.

 

[krycor]

"..........allowing it to recoup more for unexpected costs to produce electricity."

What they actually mean is the loses from unpaid Municipal accounts, unpaid Government Dept accounts, theft and illegal connections.

That’s different.. what they mean is surge pricing on coal from fraud/corrupt contracts on coal and breakdown remedies.

 

[krycor]

So I maintain that a solution needs to be found for non-property owners or non-permanent residents as it’s a market that quite huge. I still think an IPP investment scheme which is tied into a municipality could work.. but since they want profit they will never do it.

So I was looking at the situation and telling wife that you basically forced into either leave SA or invest into it via property & solar etc and hope you don’t get taken by political risk & diminishing roi as currency faulters.. and to me, the latter seems a bad option even if you try and be optimistic as municipalities will fight back.

 

[grok]

This has been predicted years & years ago, we have now reached that downward spiral brought by incompetent & corrupt leadership. Vavi! Amanda!

 

[gotaway]

Freestate dorpie, flat rate prepaid. R2.61 / KWh, went up from R2.28 / KWh on 1 Jul.

 

[Gazg]

That’s different.. what they mean is surge pricing on coal from fraud/corrupt contracts on coal and breakdown remedies.

Duh hey..........but it totally has a knock on effect. They reality is we are being bled dry by the theft and vandalism, someone has to pay for it all. Guess who.......