Eskom wants to avoid “price shock” through phased tariff hikes – De Ruyter

Hanno Labuschagne

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Eskom wants to avoid “price shock” through phased tariff hikes – De Ruyter

Eskom on Tuesday announced it will increase electricity tariffs by more than 15% on 1 April 2021.

The increase follows a settlement with the National Energy Regulator of South Africa (Nersa) after Eskom requested the High Court to order the execution of a previous decision that allowed the utility to recover incorrectly deducted Government equity support for the financial year 2021/2022.

The latest court order stated that an amount of 5.44c/kWh would be added to the average standard tariff for Eskom customers, making the aggregate standard tariff for Eskom customers 134.30c/kWh.
 

skusku

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So Eksom will only charge people with Grid tied solar systems and not off grid solar systems with this charge they are talking about?
 

system32

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Last edited:

skusku

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15.6% is a massive shock. This makes my R850 bill now going to a R1000 per month. Solar geyser installation will happen in less than 6 months (hopefully 2months from now)
 

The_Librarian

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keep on raising prices because the consumer have got deep pockets

Viva the Emperor, Viva.
 

system32

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Pay more to Eskom since they can't collect what's owed:


 

Sarg3_ZN

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Pay more to Eskom since they can't collect what's owed:



What a lot of good stories to tell
 

BBSA

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“We think in principle it’s a good thing, We hope it will unlock investment in generation capacity. It will certainly go some way to bridging the generation shortfall we’ve got,” De Ruyter said.

This increase will also go some way to bridging the generation shortfall Eskom has. Don't be surprised if your revenue actually falls, Mr De Ruyter.

Next year you will cry that you revenue has decreased and you need another big increase. :rolleyes:


How long is it going to take you to realise that the only solution is to cut your cost?
 

HavocXphere

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Don't be surprised if your revenue actually falls, Mr De Ruyter.
Doesn't matter. Anything the user doesn't pick up the taxpayer will have to by default.

In that context pushing the limits on user does make sense even if risky, mostly because well the taxpayer is starting to hit the wrong end of the laffer curve too.
 

PhireSide

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Yup.

We move out in nine days and once registration passes, the first thing going up is a decent solar geyser system. We already cook with gas so that part is sorted.

After that, we'll look into a hybrid inverter with solar input. This exploitation will never cease, it seems.
 

quovadis

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“We think in principle it’s a good thing, We hope it will unlock investment in generation capacity. It will certainly go some way to bridging the generation shortfall we’ve got,” De Ruyter said.

I think De Ruyter will find that the private investment in generation capacity PLUS the excessive Eskom connection costs will result in such generation capacity being stored in private batteries instead of assisting in his generation shortfall. It's only a matter of time before the grudge purchase of electricity for those without batteries expand their systems to include storage.
 
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