State, power producers sign contract

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sox63

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Pretoria - The first contracts between the government and independent power producers (IPPs) to add 1400 megawatts of renewable energy to the national grid were signed in Pretoria on Monday.
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I'm not sure if the price of our electricity has increased enough to support IPPs coming in, we came off a realy low base.

At least this time around Government is subsidising a bit of the cost...

Last month, power utility Eskom applied for a 16% annual increase for five years in the price of electricity - from April next year to March 2018. A portion of this 3% - was intended to support the introduction of IPPs.
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http://www.fin24.com/Economy/State-power-producers-sign-contract-20121105
 
sox63 said:
I'm not sure if the price of our electricity has increased enough to support IPPs coming in, we came off a realy low base.
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Not sure where you get that from, some USA states people pay +-R0.60 per kwh and the average is about R1 we are already above that.
 
Beachless said:
Not sure where you get that from, some USA states people pay +-R0.60 per kwh and the average is about R1 we are already above that.
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Historically speaking we were once one of the lowest, hence I asked the question if the prices have gone up that much already
 
I think that we can do without the IPP subsidy. If someone wants to make some money then they can go and raise their own capital.

Eksdom is supposed to be wsorting out the power supply and that's why we've had ridiculous increases over the past few years. And if given a choice I'd rather have a 13% increase than a 16% one.
 
Beachless said:
Not sure where you get that from, some USA states people pay +-R0.60 per kwh and the average is about R1 we are already above that.
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Ja...someone phoned into the radio a a week or two ago when it hit the news with this new 16% crap. It was a South African living in New York. He said he runs his underfloor heating constantly in winter and then only pay about $180.00 in total. That is lower than what some South African households pay in summer?????
 
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