The power utility is challenging tariff increases approved by the National Energy Regulator of South Africa (Nersa) for 2019 to 2022. If Eskom gets its way, consumers will pay 50% more for electricity. Eskom contends that approving increases by 9.41% for 2019-2020, 8.10% for 2020-2021 and 5.22% for 2021-2022 instead of the requested 16% was..
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Eskom drops electricity price bombshell – Consumers will pay ‘50% more’ for electricity if Eskom beats Nersa in court
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Eskom on the verge of financial ruin and cannot cover its interest payments
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Ted Blom, an energy expert, said in an interview that Eskom is on the verge of financial ruin. The remark from Blom follows after the promised loan from China to Eskom did not materialize. Currently, Eskom is selling too little electricity to cover its operational costs and interest payments. Pravin Gordhan believes Eskom will take..
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Do you think that Pravin Gordhan has the Eskom case under control, well think again, report suggests that load shedding is about to get much worse in SA
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As Eskom’s old units go offline and the cost to replace generational capacity soars, the severity of load shedding may well increase over the next decade. If we think we’ve had it bad with load shedding this year, we should brace ourselves for the decade ahead. That’s the message coming from Bloomberg on Monday after..
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South-Africans, brace yourself! Load-shedding is coming back – I guarantee it, says energy expert Ted Blom
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Speaking to MyBroadband, energy expert Ted Blom stated that load-shedding will “absolutely” return and it was only a matter of time before the power cuts were back. “We are not anywhere near winter,” said Blom, referring to the fact electricity demand peaks during the cold season. Eskom has stated that South Africa has a “peak”..
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