There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday. Middelburg is positioned between three large Eskom power stations, and there are 170 coal mines within a 200 km radius..
Continue reading…
Who is fooling who?: So, according to Eskom there is no coal? Is Eskom deliberately wanting to plunge the country further into darkness and chaos?
Posted on Leave a comment
This is outrageous, Eskom says it is entitled to an electricity tariff increase of 90%
Posted on Leave a comment
Eskom maintains that it is entitled to a 90% increase, but, in order to spare the average South African consumer, it will settle for less.
Continue reading…
Over indebt consumers will now have to fork out even more for electricity – Cash strapped Eskom applies for 15% tariff increase
Posted on Leave a comment
Eskom has asked the National Energy Regulator of SA (Nersa) for a 15% tariff increase for the next three years, beginning 2019-2020, the utility announced on Friday. While Nersa, which will hold public hearings and evaluate the application, seldom grants Eskom its full request, Eskom’s application indicates that double-digit electricity increases will very likely continue..
Continue reading…
Eskom nearing collapse, senior officials jump ship
Posted on Leave a comment
Eskom, South Africa’s national power utility, may be unable to avoid a complete restructuring process in order to avert total collapse. This has been confirmed by the National Energy Regulator of South Africa (NERSA), high-level executives within the company and energy experts. According to a report by Moneyweb, Eskom only narrowly avoided load-shedding this week,..
Continue reading…
More reason to bring out the candles – Eskom needs more money and was granted permission to increase electricity tariffs
Posted on Leave a comment
The National Energy Regulator of South Africa (Nersa) has approved electricity tariff increases as requested by the embattled utility supplier, Eskom. This is another blow for the majority of South Africans who are already struggling to make ends meet. The approval of this electricity tariff increase, which is aimed at rescuing Eskom from the doldrums..
Continue reading…
How is this even possible:- Eskom posts R2.3bn loss, R19bn in irregular expenditure
Posted on Leave a comment
Eskom suffered a net loss of R2.3-billion in 2018, the state-owned power producer revealed at it financial results presentation on Monday.
The power utility said its net cash from operations declined from R45.8-billion to R37.6-billion, as it struggled with leadership and operational challenges.
Continue reading…
This is absolute crazy! – You may have to register your generator
Posted on Leave a comment
If you thought e-tolls were a total nightmare for consumers‚ wait until you read the new regulations that have been proposed by the National Energy Regulator of SA (Nersa).
The Rules for Registration of Small-Scale Embedded Generation‚ the draft consultation paper published last week‚ will require you to register with Nersa before connecting your generator at your home.
Continue reading…
Well Eskom are looking at taking R67-billion out of your pocket
Posted on Leave a comment
The objections to Eskom’s efforts to claw back almost R67-billion in revenue began in earnest this week as the first round of public hearings into the matter got underway.
But this is not the end of attempts by the power utility to recover money it believes it is owed.
Continue reading…
Cash strapped Eskom in dire needs of funds and once again threatens consumers with load shedding
Posted on 6 Comments
The national energy regulator, Nersa’s public sessions on Eskom’s proposed tariff increase, are currently underway.
Eskom asks for an excessive increase of thirty percent to recover a R66 billion shortfall. Despite the shortages, Eskom continues to give excessive bonuses to its senior staff.
Continue reading…
ESKOM wants a 30% price hike as part of its plan to recover tens of billions of rands
Posted on 12 Comments
The power utility had requested a 30% hike as part of its plan to recover tens of billions of rands lost to coal procurement, as well as the lower than expected electricity sales between 2014 and 2017, which some have labelled as the “Gupta years”.
Continue reading…
Just in SA – Power tariffs increase, municipalities do not pay
Posted on Leave a comment
Eskom has tried to explain their request for a tariff increase of almost 20 percent to Nersa, but it seems that several municipalities simply do not pay for Eskom services. Direct consumers of Eskom Power, such as farmers and industries, will be severely affected by the requested tariff increase. Now it appears that Eskom does..
Continue reading…
Cash strapped Government requests that consumers pay Nersa for personal generators and solar panels
Posted on Leave a comment
When the amended Electricity Regulation Act (ERA) comes into force, it will regulate the use of small scale electricity generators by requiring registration with the National Energy Regulator of South Africa (Nersa). This is according to Lizel Oberholzer and Jarrett Whitehead, attorneys at Norton Rose Fulbright, who say that the regulation will likely have far-reaching..
Continue reading…
Eskom tariff increase expected – Hmm for Molefe R11-million golden handshake?
Posted on Leave a comment
After the Constitutional Court’s ruling that Nersa can give Eskom approval for the increase in electricity prices, economists are worried that the power utility may increase the rate by as much as 20%. Eskom has an estimated R61 billion shortfall to surpass, but any significant increases will cause an already stumbling economy to come to..
Continue reading…
Eskom, where does all the money go? – This is daylight robbery!
Posted on Leave a comment
The average four-person South African household should pay R290 a month for electricity, yet Eskom is charging them roughly R1,200, says a lobby group. Now Eskom is seeking a 20% tariff increase from the National Energy Regulator of South Africa (Nersa). Energy analysts have described Nersa, which starts its public hearings into the proposed tariff..
Continue reading…
Nuclear deal ruled as unlawful and unconstitutional: Learn all about the dark secrets of this shady deal
Posted on Leave a comment
The Western Cape High Court ruled on Wednesday that the South African government’s nuclear agreements with Russia, Korea and the US were unlawful and unconstitutional. In a landmark ruling, the Court also scrapped the South African government’s decision to buy about eight nuclear power stations — 9600MW of nuclear power. This decision was first gazetted..
Continue reading…