How much more Eskom Direct customers will pay from 1 April 2024

Hanno Labuschagne

Hanno Labuschagne

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We are inching towards a scenario where an Inverter and Panels will not be considered as backup power only, but as a prudent economical decision to manage runaway power costs, for both domestic and commercial customers..
 
The_MAC said:
We are inching towards a scenario where an Inverter and Panels will not be considered as backup power only, but as a prudent economical decision to manage runaway power costs, for both domestic and commercial customers..
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And the freeloaders can then get their free electricity until the money runs empty.
 
My_King said:
And the freeloaders can then get their free electricity until the money runs empty.
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You (taxpayer) will still pay it. Which is fine, you can argue that is tax money well spent, if it was not for the sheer amount of money stolen/wasted in the process.
 
jgegroups said:
You (taxpayer) will still pay it. Which is fine, you can argue that is tax money well spent, if it was not for the sheer amount of money stolen/wasted in the process.
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Even if it wasn't stolen, it's definitely not money well spent.

Those who pay taxes should receive something in return, not those who are rewarded for breeding...
 
If we had significant private competitors in generation, the market would not bear these prices and Eskom would collapse.
 
Blackhand said:
If we had significant private competitors in generation, the market would not bear these prices and Eskom would collapse.
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Has anyone done an analysis on the cost to produce your own power versus buying from Eskom? Domestic and Commercial
 
Stupid Question but what will municipal customers pay?

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Never mind


Eskom is set to hike its electricity tariffs on 1 April 2024, and South Africans will see their monthly electricity bill increase significantly, with residential Homepower rates increasing by approximately 12.7% across the board.
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The_MAC said:
Has anyone done an analysis on the cost to produce your own power versus buying from Eskom? Domestic and Commercial
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Just some napkin maths based on some crud assumptions.

R3/kWh x 1,000 units a month x 12 months = R36,000 a year.

A R200,000 system with 4 batteries will pay itself off after 5.5 years. You should then get about 10 years of free power before you need to start replacing things.

This also keeps dropping as they keep increasing prices. 2 years ago the payback period was around 7 years when using a unit price of R2.40...
 
Mike Hoxbig said:
Just some napkin maths based on some crud assumptions.

R3/kWh x 1,000 units a month x 12 months = R36,000 a year.

A R200,000 system with 4 batteries will pay itself off after 5.5 years. You should then get about 10 years of free power before you need to start replacing things.

This also keeps dropping as they keep increasing prices. 2 years ago the payback period was around 7 years when using a unit price of R2.40...
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And the price of panels has dropped significantly, you can get a R200k system for between R100k-R150k with todays prices, further bolstering your business case.

5.5 years is very reasonable.
 
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The_MAC said:
And the price of panels has dropped significantly, you can get a R200k system for between R100k-R150k with todays prices, further bolstering your business case.

5.5 years is very reasonable.
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In CPT they're already pushing R4.26/kWh :laugh:

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(3.5 x 600) + (4.26 x 400) = R3,800 x 12 = R45,600

So the payback is already 4.3 years in the independent republic...
 
Mike Hoxbig said:
Just some napkin maths based on some crud assumptions.

R3/kWh x 1,000 units a month x 12 months = R36,000 a year.

A R200,000 system with 4 batteries will pay itself off after 5.5 years. You should then get about 10 years of free power before you need to start replacing things.

This also keeps dropping as they keep increasing prices. 2 years ago the payback period was around 7 years when using a unit price of R2.40...
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Well my potato math goes as follow:

Old price is R2.994 per unit with the 12.74% increase, the new unit price will be approximately R3.3804 per unit.

That is (1000 X 3.3804) X 12 = R40564.8 a year.

F_ck me that is almost half my yearly income! :eek:
 
Those amounts exclude the daily network charges (and monthly line fees in some areas) that you have to pay if you get electricity directly from Eskom.
 
Jackal46 said:
Well my potato math goes as follow:

Old price is R2.994 per unit with the 12.74% increase, the new unit price will be approximately R3.3804 per unit.

That is (1000 X 3.3804) X 12 = R40564.8 a year.

F_ck me that is almost half my yearly income! :eek:
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Did you maybe lose a zero somewhere, or are you earning R81k per annum, doesn't sound right
 
Nineteeneightysix said:
Those amounts exclude the daily network charges (and monthly line fees in some areas) that you have to pay if you get electricity directly from Eskom.
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With the R251 monthly network charge, assuming 1000KWh/month, and the 12.74% increase, in JHB (direct Eskom feed) it will be exactly 5 years on a R200k system
 
The degenerate cANCer has made sure that the joy of living is sucked out of every aspect of the average persons life, as long as the fat piggies and their families are well fed and have their shiny suits all is well in this sh|thole country.
 
Jackal46 said:
Well my potato math goes as follow:

Old price is R2.994 per unit with the 12.74% increase, the new unit price will be approximately R3.3804 per unit.

That is (1000 X 3.3804) X 12 = R40564.8 a year.

F_ck me that is almost half my yearly income! :eek:
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I started working at about the same salary, but back then it was 43c/kWh.

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1,000 units would have cost R430 per month, or R5,160 per year.

I actually had more disposable income than I do now, despite earning way more...
 
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