Eskom's rising prices and unreliability driving away wealthier customers

mylesillidge

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Eskom chasing away customers who can pay for electricity

Eskom’s incessant above-inflation price hikes and poor performance will chase wealthy consumers away, leaving the utility with only poor customers.

This is according to Efficient Group chief economist Dawie Roodt, who told SABC News that the utility would keep raising prices as its financial health continues to deteriorate.
 
Sounds more like the Private Sector is slowly starting to take over. Private companies providing solar solutions or some form of alternative options. Suppose your socialist Gov have something to say about it or not. I don't know what the perception of rich/wealthy customers/people are in SA.
 
Sounds more like the Private Sector is slowly starting to take over. Private companies providing solar solutions or some form of alternative options. Suppose your socialist Gov have something to say about it or not. I don't know what the perception of rich/wealthy customers/people are in SA.
Not taking over, bypassing.
 
Who would have guessed?

But there is no answer, is there? Like putting boards over the gash in the side of the Titanic
 
Soweto's non payment for electricity over 30 years, 'killed' Eskom!

Because there's no such thing as FREE electricity ... somebody must pay.

But the neglected 'paying customers' have left SA ... so the money to pay for Soweto FAT CATS have dried up.

Story of South Africa ... same as Zimbabwe ... and the worst is still to come!
 
Soweto's non payment for electricity over 30 years, 'killed' Eskom!

Because there's no such thing as FREE electricity ... somebody must pay.

But the neglected 'paying customers' have left SA ... so the money to pay for Soweto FAT CATS have dried up.

Story of South Africa ... same as Zimbabwe ... and the worst is still to come!

So it goes ...
 
The ability for municipalities to sell electricity on behalf of Eskom must be privatised if they refused to pay.
If they are clever they will buy excess solar at the rate they pay eskom and sell it to other users without solar, if they can lose shedding altogether they might stop the rush for more solar installs

Thus keeping their electricity resale slice of the pie

Especially if they could leverage excess solar to supply electricity cheaper than eskom

But NO none of them is moving fast enough

The higher price of electricity and cheaper solar makes it a no brainer

If buying frugal your ROI can be 4.5years at 12% Eskom increases any higher it shrinks even shorter
 
If they are clever they will buy excess solar at the rate they pay eskom and sell it to other users without solar, if they can lose shedding altogether they might stop the rush for more solar installs
This, in and by itself is the problem. They are trying exactly this, but 81c/kWh is hardly an incentive for someone to do all of the paperwork, install a bi-directional meter at R10,000 or so, and sell back to the municipalities*. It just makes more sense to invest in batteries, and save R3+/kWh during nighttime.

*Note also that regulations only allow you to feedback at 25% of your incoming feed size, further limiting any return**:
  • 40A = 2.3KW feedback max
  • 60A = 3.5KW feedback max
  • 80A = 4.6KW feedback max
This post provides a good overview: https://goingsolar.co.za/2023/03/10/cape-town-sseg-2023-feedback-to-grid-not-so-fast/

** Yes. I saw this article. No comment.
 
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This, in and by itself is the problem. They are trying exactly this, but 81c/kWh is hardly an incentive for someone to do all of the paperwork, install a bi-directional meter at R10,000 or so, and sell back to the municipalities*. It just makes more sense to invest in batteries, and save R3+/kWh during nighttime.

*Note also that regulations only allow you to feedback at 25% of your incoming feed size, further limiting any return**:
  • 40A = 2.3KW feedback max
  • 60A = 3.5KW feedback max
  • 80A = 4.6KW feedback max
This post provides a good overview: https://goingsolar.co.za/2023/03/10/cape-town-sseg-2023-feedback-to-grid-not-so-fast/

** Yes. I saw this article. No comment.
yea making it cheap to grid feed , paying a better rate ie closer to what they pay eskom, not applying grid feed limited, what would work better variable rate meaning they can pay more if they need more and pay less when load is less , would keep them in the loop selling electricity

not thinking long term, they are helping eskom killing this cash cow

though i'm pretty sure users will still pick up the bill in some sort of levy
know your place essentially we are the cows and they will milk us directly or indirectly
 
This, in and by itself is the problem. They are trying exactly this, but 81c/kWh is hardly an incentive for someone to do all of the paperwork, install a bi-directional meter at R10,000 or so, and sell back to the municipalities*. It just makes more sense to invest in batteries, and save R3+/kWh during nighttime.

*Note also that regulations only allow you to feedback at 25% of your incoming feed size, further limiting any return**:
  • 40A = 2.3KW feedback max
  • 60A = 3.5KW feedback max
  • 80A = 4.6KW feedback max
This post provides a good overview: https://goingsolar.co.za/2023/03/10/cape-town-sseg-2023-feedback-to-grid-not-so-fast/

** Yes. I saw this article. No comment.
but even with that feedback limit you can feed back decent chunk over 8-10 hours
 
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