Eskom seeks 20% tariff increase

Vrotappel

Vrotappel

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Eskom seeks 20% tariff increase
Eskom wants its clients to pay on average 19.9% more for electricity from April 1 next year and proposes that municipalities pay 27.3% more for bulk electricity purchases from July 1 2018.
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In its draft application, Eskom states that electricity sales volumes were lower during the previous tariff period (MYPD3) that stretched from April 1 2013 to March 31 2018. Nersa never adjusted the sales forecast during the period and therefore the sales forecast has to be rebased. This alone accounts for 9.6 percentage points of the 19.9% increase Eskom applies for.
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The draft application does not include the detailed information required by Nersa. Moneyweb earlier this month reported that Eskom requested an open-ended exemption from the disclosure rules. The information it told Nersa it couldn’t supply includes segmented cash flow for the last reporting period, certain detail regarding assets, depreciation, capital expenditure, deferred debits and credits, coal purchases, coal handling costs and sales revenue and demand forecasts.
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How about no? You've milked us enough.
 
Lets pay more so eskom can continue giving it to the gupta's and continue paying employees for doing so much work that nobody notices they are missing or even visits their offices for 10days while they rot inside.
 
segmented cash flow for the last reporting period, certain detail regarding assets, depreciation, capital expenditure, deferred debits and credits, coal purchases, coal handling costs and sales revenue and demand forecasts.
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I'd think they'd be forced to publish this already.
 
I have reduced my consumption with 50% if they increase I will just keep reducing my usage with alternative power till I am off the grid
 
Was it not Eksdom that asked us to reduce load as they could not supply in the first place?
Now they nailing us for doing just what they asked us to do in the first place.

I think if Nersa approves this, it will seal the deal on my exit plan :(
 
qscwbt said:
I have reduced my consumption with 50% if they increase I will just keep reducing my usage with alternative power till I am off the grid
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A textbook example of the utility death spiral, the less customers use the more they put up prices leading to more cuts by customers or complete disconnect from the grid. I feel sorry for the customers that will not be able to go off grid.
 
Didn't South Africa have some of the cheapest electricity in the world? And Now? One would think that - the more customers are served the cheaper the product will get. Seemingly not in South Africa. AffirmativeAction anyone?
 
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I just increased my consumption from R400 to R5000, so I am giving you more money all ready :(
 
This is just ridiculous - they mess up (oh I so want to use rude words because that is all that is really fitting for the situation) big time so we have to deal with loadshedding and learn to cut back when they BEG us to do so, and now because we learnt to live with less electricity they want to punish us for that by increasing tariffs because of low sales figures.

Seriously - go do something anatomically impossible to yourself Eskom.
 
ɹǝuuᴉM said:
Didn't South Africa have some of the cheapest electricity in the world? And Now? One would think that - the more customers are served the cheaper the product will get. Seemingly not in South Africa. AffirmativeAction anyone?
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No, more what Jakes pointed out above you. Also, to coincide what he said:

In its draft application, Eskom states that electricity sales volumes were lower during the previous tariff period (MYPD3) that stretched from April 1 2013 to March 31 2018.
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I think I am definitely going to get a solar geyser for my house this year. Have one on a flat, and it works wonders, even in winter and overcast days. Already have gas stove, and want to start replacing bulbs with those LED ones in the house.
 
Zoomzoom said:
This is just ridiculous - they mess up (oh I so want to use rude words because that is all that is really fitting for the situation) big time so we have to deal with loadshedding and learn to cut back when they BEG us to do so, and now because we learnt to live with less electricity they want to punish us for that by increasing tariffs because of low sales figures.

Seriously - go do something anatomically impossible to yourself Eskom.
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You're allowed to say what everyone else is thinking..
 
This is why people are sending do-it-yourself instructions via whatapp and email on how to hack your prepaid meters. Raising prices will just mean more people will make illegal connections and more lower LSM communities will refuse to pay.

Meanwhile ZANC and Eskom are supplying the whole of the Southern continent with cheap, below cost electricity which many haven’t even paid for years. The new power stations are not being built for domestic power supply. They are being built to export power to non-paying neighbouring countries. Hard working, honest South Africans are once again carrying the can, yet are the most disenfranchised politically.

Just sickening!
 
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Meanwhile South Africa supplies the majority of low cost power to Angola, Botswana, Democratic Republic of the Congo, Lesotho, Mozambique, Malawi, Namibia, Swaziland, Tanzania, Zambia, Zimbabwe under the Southern African Power Poll Scheme (SAPP). Many of these countries have massive debts with Eskom, yet SA keeps their lights on. If you are a South African electricity user and don't pay your bill, or don't feed the hungry prepaid meter you get cut off.

Isn't it nice to know that when you pay 20% more for electricity in the near future, you actually subsidising the electrification of the entire sub-continent?

Isn't it comforting to know that Eskom refuses to reveal the bulk price it exports this electricity to other countries, despite being funded by you the tax payer and electricity consumer?

See: https://en.wikipedia.org/wiki/Southern_African_Power_Pool

sapp-1.jpg
 
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