Eskom has applied for a 20.5% electricity price increase

Jan

Jan

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Eskom wants a 20.5% electricity price hike

Eskom chief financial officer Calib Cassim has confirmed that the state-owned power utility has applied for an electricity price increase of 20.5% for its 2023 financial year, set to take effect from 1 April 2022.

The company confirmed its application following a press statement from the National Energy Regulator of South Africa (Nersa), which Eskom said misrepresented its application.
 
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mypetcow

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Sooner or later Eskom will get their 20% increase. Do yourselves and your wallets a favour. Get your house and geyser insulated before the increase and get replace all old appliances (fridges, washing machines). It’s an investment now but you won’t be forking out so much on electricity when the increase inevitably happens.

Builder’s sells insulating wool for ceilings and I believe even rock wool panels for walls. You can even get double glazing for windows in the big metro areas especially in Cape Town. It’s an investment now but it’s cheaper than what heating the outside air will cost you in winter after the increase…
 
Herr der Verboten

Herr der Verboten

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Jan said:
Eskom wants a 20.5% electricity price hike

Eskom chief financial officer Calib Cassim has confirmed that the state-owned power utility has applied for an electricity price increase of 20.5% for its 2023 financial year, set to take effect from 1 April 2022.

The company confirmed its application following a press statement from the National Energy Regulator of South Africa (Nersa), which Eskom said misrepresented its application.
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Public will be bending over and accept without resistance :coffee:

Now if there is something actually new...
 
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maxxis

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mypetcow said:
Sooner or later Eskom will get their 20% increase. Do yourselves and your wallets a favour. Get your house and geyser insulated before the increase and get replace all old appliances (fridges, washing machines). It’s an investment now but you won’t be forking out so much on electricity when the increase inevitably happens.

Builder’s sells insulating wool for ceilings and I believe even rock wool panels for walls. You can even get double glazing for windows in the big metro areas especially in Cape Town. It’s an investment now but it’s cheaper than what heating the outside air will cost you in winter after the increase…
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Have you seen the price on replacing windows?

Who cares about a 20% increase when by then there will only be power for 50% of the time.
 
TheMightyQuinn

TheMightyQuinn

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mypetcow said:
Sooner or later Eskom will get their 20% increase. Do yourselves and your wallets a favour. Get your house and geyser insulated before the increase and get replace all old appliances (fridges, washing machines). It’s an investment now but you won’t be forking out so much on electricity when the increase inevitably happens.

Builder’s sells insulating wool for ceilings and I believe even rock wool panels for walls. You can even get double glazing for windows in the big metro areas especially in Cape Town. It’s an investment now but it’s cheaper than what heating the outside air will cost you in winter after the increase…
Click to expand...
Is Cape Town in Alaska?

Stop talking kak please...
 
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mypetcow

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maxxis said:
Have you seen the price on replacing windows?

Who cares about a 20% increase when by then there will only be power for 50% of the time.
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I have. It’s a once off investment unlike the monthly higher cost of electricity plus future increases. Also it increases the values fo your home so I guess that’s a nice addition. But yes. It’s not cheap.
 
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maxxis

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mypetcow said:
I have. It’s a once off investment unlike the monthly higher cost of electricity plus future increases. Also it increases the values fo your home so I guess that’s a nice addition. But yes. It’s not cheap.
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Show me your calculation and plot the ROI please.
 
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