South Africa’s electricity sales up, generation down

[Kevin Lancaster]

South Africa’s electricity sales up, generation down

South Africa’s electricity generation dropped by 10% between 2010 and 2013, but sales income increased fourfold.

 

[Sinbad]

South Africa’s electricity sales up, generation down

South Africa’s electricity generation dropped by 10% between 2010 and 2013, but sales income increased fourfold.

Amazing what can be done when you have a regulated monopoly.

 

[JStrike]

Would be very interesting in seeing the 2014 numbers

 

[air]

South Africa’s electricity generation dropped by 10% between 2010 and 2013, but sales income increased fourfold.

still trying to wrap my head around fourfold increase, does not compute (for me anyway)

 

[cyberbob1979]

Well, if they increase electricity by 25% or so a year - of course the revenue will go up...

 

[supersunbird]

still trying to wrap my head around fourfold increase, does not compute (for me anyway)

Because it's a scam. They really do have enough money, they are just wasting it, not using it correctly.

 

[maeztro]

Because it's a scam. They really do have enough money, they are just wasting it, not using it correctly.

Waste according to who?

From the perspective of the upper management, they are probably using it most correctly, thank you.

Ask Hitachi, they will confirm.