How to avoid a 405% increase in electricity prices from Eskom

Still well below the prices paid in the EU. They run heavy green energy programs though while we are running the nastiest coal tech available.

I think the truth lies somewhere in the middle: Eskom really does need heavy increase, but I think they are also taking a bit of a chance on top of that & adding a bit extra.
 
Vote DA for change. But seriously, the biggest reason we are still getting shafted by the likes of Eskom or Telkom is because of the government stake.
 
I don't think it will make a difference. Whether Eskom invests the capital and recoups it from the end-users or whether an IPP invests the capital and recoups it from the end-user, the result is the same. The end-user pays for the new power plants.
 
Price increases in 2011, 2012 and 2013 were 24.8%, 25.8% and 16% respectively, bringing the current Eskom average price to 60.67 c/kWh
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Did I miss something? We pay R1.08 on average per kWh, and I can't remember us ever paying below 70c/kWh before VAT...
 
nanonyous said:
Did I miss something? We pay R1.08 on average per kWh, and I can't remember us ever paying below 70c/kWh before VAT...
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Agreed, Eskom lie! we pay R1.22 per KWh and that includes VAT, we are billed by Eskom directly and not the Municipality.

Someone is making up this price....
 
HavocXphere said:
Still well below the prices paid in the EU.
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Actually you'd be surprised .. our prices are already basically on par with the UK .. this next doubling will not only leave us paying double what you'd pay in London, but would make us more expensive than basically any EU country.

One thing we need is free market competition, we need to get rid of the 'single provider' mentality.
 
Tick said:
Actually you'd be surprised .. our prices are already basically on par with the UK .. this next doubling will not only leave us paying double what you'd pay in London, but would make us more expensive than basically any EU country.
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Except no.

Germany is paying ~R2.7 right now already, which is still easily 2x as much as we will be paying in 2018. Factor in inflation & we're still very very far away from most expensive in EU.

Same thing with the UK...our 2018 prices are still 25% lower than their current ones.

Oh and Denmark is at R3.7...

undesign said:
Not sure why we are comparing to Europe though...
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Because they are the de facto standard for "expensive" when it comes to electricity. But places like Mexico, Aus, Singapore etc are also still significantly more expensive than our 2018 pricing.
 
A good idea made incredible hard because of incompetence and vested interests. We have been down a similar road before, and it's called LLU. The simple stuff is impossible at times in this country.
 
HavocXphere said:
Except no.

Germany is paying ~R2.7 right now already, which is still easily 2x as much as we will be paying in 2018. Factor in inflation & we're still very very far away from most expensive in EU.

Same thing with the UK...our 2018 prices are still 25% lower than their current ones.

Oh and Denmark is at R3.7...


Because they are the de facto standard for "expensive" when it comes to electricity. But places like Mexico, Aus, Singapore etc are also still significantly more expensive than our 2018 pricing.
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And how does that factor to their average income vs/ our average income?
 
nanonyous said:
Did I miss something? We pay R1.08 on average per kWh, and I can't remember us ever paying below 70c/kWh before VAT...
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Yes ... I'm not sure where this lady's figures are coming from - I pulled a random bill from my archives here - Jul 2008, 40c/kwh. And that's straight from an electricity bill, I'm not guessing. The price on my latest bill, is R1.02/kwh. This is Ethekwini municipality.

Obviously I agree with this author's sentiment that opening up the market and allowing more players would be good, but you don't take economic/financial advice from people who can't get the very basics right!
 
elvis_presley said:
Yes ... I'm not sure where this lady's figures are coming from - I pulled a random bill from my archives here - Jul 2008, 40c/kwh. And that's straight from an electricity bill, I'm not guessing. The price on my latest bill, is R1.02/kwh. This is Ethekwini municipality.

Obviously I agree with this author's sentiment that opening up the market and allowing more players would be good, but you don't take economic/financial advice from people who can't get the very basics right!
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I'm not sure how elec prices are thumb-sucked but in CPT I get charged R1.45 incl VAT per unit (prepaid meter), but my flat in CPT CBD that I rent out is on post-paid and the charge is R1.04/unit.
 
blunt said:
I'm not sure how elec prices are thumb-sucked but in CPT I get charged R1.45 incl VAT per unit (prepaid meter), but my flat in CPT CBD that I rent out is on post-paid and the charge is R1.04/unit.
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I've got a rental property in CT CBD, and I pay on a sliding scale there...

First 150kwh @ R 1.1320c per unit
Next 450kwh @ R 1.1811c per unit
From there on @ R 1.4018c per unit

So the more you use, the more you pay... this is on post-paid, too. Count yourself lucky you're paying R1.04 in CT, that's KZN prices!
 
elvis_presley said:
I've got a rental property in CT CBD, and I pay on a sliding scale there...

First 150kwh @ R 1.1320c per unit
Next 450kwh @ R 1.1811c per unit
From there on @ R 1.4018c per unit

So the more you use, the more you pay... this is on post-paid, too. Count yourself lucky you're paying R1.04 in CT, that's KZN prices!
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My tenants don't use much elec - the bill is only R500-R600 a month.

Just took a look @ http://www.eskom.co.za/c/article/1090/schedule-of-standard-prices/ - the "Homepower" sheet seems to explain it a bit better.

skitch.png


Though it seems the highest bill should be R1.39 incl. VAT
 
HavocXphere said:
Because they are the de facto standard for "expensive" when it comes to electricity. But places like Mexico, Aus, Singapore etc are also still significantly more expensive than our 2018 pricing.
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Thats silly , you cant compare prices in Europe to prices here. You need to add in a bunch of other factors like average salary for example.
 
blunt said:
Just took a look @ http://www.eskom.co.za/c/article/1090/schedule-of-standard-prices/ - the "Homepower" sheet seems to explain it a bit better.
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I find any Eskom-related items are of very little value in pricing, as you have the municipality as a middle-man, and it varies from city to city - for example here in Durban, ILembe (Umhlanga, etc) is 2c/kwh more than EThekwini (Durban and suburbs).

blunt said:
Though it seems the highest bill should be R1.39 incl. VAT
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Yeah, I queried this with my body corporate and they sent on their raw bills. Definitely R1.40, and a totally different structure to that graphic you sent. I kind of wish electricity was a bit more like comms prices - the same wherever you were in the country!
 
Unhappy438 said:
Thats silly , you cant compare prices in Europe to prices here. You need to add in a bunch of other factors like average salary for example.
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There is another side to the story - in South Africa, the lower income earners get subsidized electricity and water. So it's not that easy to compare. I'm not suggesting our electricity is proportionally cheaper compared to salary, but it's not as cut-and-dried as comparing average costs against average salaries.
 
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