Eskom price hike increase may be stopped by Treasury

[Jan]

Eskom price hike may be dead in the water – for now

Eskom’s request to hike prices may be denied and deferred to next year, thanks to a Treasury directive issued last month.

 

[slvR]

Pls

 

[PhireSide]

He also noted that the two options were for consumers and businesses to pay up, or to face more blackouts.

Why not start with your non-paying cadres and municipalities that won't dock up? Here's looking at you, Soweto...

 

[Ianf1]

The multiplier effect is 6 times for electricity?

He insisted that worse load shedding was six times more damaging to the economy than the tariff increase the utility was seeking.

That seems low to me any economists have a comment on this.

 

[Denyed]

The multiplier effect is 6 times for electricity?

That seems low to me any economists have a comment on this.

There have been detailed studies done for the cost of unserved energy with the impact assessed for various sectors. Depending on the sector (Commercial, industrial, residential, traction etc) this ranges from R10/kWh to R120/kWh.

 

[Ianf1]

There have been detailed studies done for the cost of unserved energy with the impact assessed for various sectors. Depending on the sector (Commercial, industrial, residential, traction etc) this ranges from R10/kWh to R120/kWh.

OK so that part is reasonable, but most of his other utterances like no load shedding in winter are BS

 

[Species8472]

There have been detailed studies done for the cost of unserved energy with the impact assessed for various sectors. Depending on the sector (Commercial, industrial, residential, traction etc) this ranges from R10/kWh to R120/kWh.

What I do not buy is that raising the tariffs will suddenly help them prevent loadshedding. That is BS. They simply do not have enough generating capacity.

 

[HavocXphere]

Well they're going to need money & one way or the other the taxpayer will foot the bill

 

[richjdavies]

They already got the tax-payer bit. R23bn straight up, and R60bn as a loan (which in time will probably also get 'injected' as equity).

Yes kids, that's right -- forget the price rise, every household in SA has already given Eskom R6000 each!