Keep it expensive. The poor can't afford the polluting electricity (we're mostly coal), and at those prices, the moderately well off will find it worthwhile to skip the grid altogether.
Would lower theft dramatically, as Eskom could only afford to keep the paying customers online. No more subsidies unwritten or not.
ANC is going to have to head that route given the cashcow has an escape route via Solar.
Give it 5-10 years and we'll see how much "free" electricity the masses get.
Yes current price should perhaps be 50c if you had freshly installed modern generation capacity, distribution capacity and a population of faithful paying consumers.
But SA has like 20 years of infra backlog to catch up on. Everything from top to bottom is farked...so you need a hell of a lot more money.
Eskom is being managed terribly too sure, but the reality is that you can't expect outdated old infra to provide cutting edge price efficiency. It just doesn't work that way & frankly anyone that can't see that is an idiot.
Best SA can hope for is pay the piper for past mistakes & manage Eskom well going forward. Even that ideal outcome results in prices *north* of current pricing...not 50c.
'Should' is a dangerous word. The article doesn't mention inflation or the change in exchange rate over the years. While there is definitely corruption at play it's not the only factor. Construction of new power stations or replacement parts for existing ones are exposed to exchange rate risk. Not only that but depending on the country risk, Eskom's borrowing rates are affected. What I'm trying to say is that while the current electricity price is high and while one could argue it should be at R0.50/kWh, it will not likely every go back down to that value simply form an economic point of view. Just as the price for cars won't reach the 2007 price again, electricity costs are bound to increase.
The only way to slow the impact of the rise in electricity cost is to install solar panels at home and for companies to install solar at the office. While wind my seem better because it works at night, you can't go putting a wind turbine in your garden.