Tshwane and Eskom feud over megacity power contract

[Hanno Labuschagne]

Tshwane and Eskom feud over megacity power contract

Power utility Eskom and the City of Tshwane have locked horns over who gets to distribute power to the planned Mooikloof Mega City on the outskirts of Pretoria East.

Rapport reported that the R84-billion development's electricity supply deal would generate an estimated R1.5 billion in revenue a year.

Initially announced in October 2020, the Mooikloof Mega City is a public/private collaboration between Tshwane and Balwin properties that will see thousands of new homes built around six kilometres to the east of Woodlands Mall.

 

[R13...]

If it's part of the city surely that's for the city to provide. And Eskom shouldn't be signing up more customers. The developers should have made the thing self provisioned or at least mostly so.

 

[Mike Hoxbig]

If it's part of the city surely that's for the city to provide. And Eskom shouldn't be signing up more customers. The developers should have made the thing self provisioned or at least mostly so.

That doesn't make them any money. Having lived in a Balwin complex before I will never do it again.

They put in their own prepaid provider (STSS in our case), who buy from the city and implement their own markup, who buy from Eskom and implement their own markup. Balwin probably gets something out of it too. Everyone is in on it...

 

[R13...]

That doesn't make them any money. Having lived in a Balwin complex before I will never do it again.

They put in their own prepaid provider (STSS in our case), who buy from the city and implement their own markup, who buy from Eskom and implement their own markup. Balwin probably gets something out of it too. Everyone is in on it...

Sounds like it costs the tenant and everyone else gets their pound at his expense. Suppose Eskom lose a bit if they must sell at wholesale

 

[bixt]

Having lived in a Balwin complex before I will never do it again.

Im listening, what else?

 

[RonSwanson]

That doesn't make them any money. Having lived in a Balwin complex before I will never do it again.

They put in their own prepaid provider (STSS in our case), who buy from the city and implement their own markup, who buy from Eskom and implement their own markup. Balwin probably gets something out of it too. Everyone is in on it...

Classic BEE, every pig must have a snout in the trough.

 

[Saba'a]

Classic BEE, every pig must have a snout in the trough.

So Balwin is a BEE company?

 

[system32]

Here's and idea for 2022:
Get rid of both Eskom & Tshwane.
Here's a 3rd better option:
Make the development sustainable by including Solar PV + Batteries on all roofs - at scale the costs per unit will be cheaper than Eskom/Tshwane and no more load shedding.

Who needs Eskom & Tshwane anyway?

 

[zerocool2009]

That doesn't make them any money. Having lived in a Balwin complex before I will never do it again.

They put in their own prepaid provider (STSS in our case), who buy from the city and implement their own markup, who buy from Eskom and implement their own markup. Balwin probably gets something out of it too. Everyone is in on it...

In a Balwin estate... and still post paid! Yeah

 

[zerocool2009]

Im listening, what else?

Balwin have the nice saying “80% sold” out at estates in development phases.

What happens, the big guns at Balwin buy apartments at 90% less as listed. A few years later they sell at market pricing making a quick 1000%. I think Sars must be smiling aswell

Its a nice business for sure

 

[Skerminkel]

In principle Eskom should not be in the retail electricity business. The furthest down the line they should go is supplying to the gates of the estate.

 

[zerocool2009]

If you are in an estate, look at how power is charged/determined

I am sure its not fair to pay a topup “just because”

 

[Yskasmetnstoof]

In other words, who's gonna steal the money?

 

[TheChamp]

So Balwin is a BEE company?

Well, that's not how they did it before BEE, back in the good old days only one snout was allowed in the trough.

 

[RonSwanson]

So Balwin is a BEE company?

I wasn't referring to Balwin specifically, they are just another snout, but yes, of course they are.

 

[RonSwanson]

Well, that's not how they did it before BEE, back in the good old days only one snout was allowed in the trough.

Kak.

 

[dualmeister]

One would expect a "Smart City" to provide its own power