Electricity is too cheap — Eskom CEO

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Eskom CEO André de Ruyter has said that electricity is too cheap and gets wasted as a result.

Speaking at the Joburg Indaba, De Ruyter reportedly said one of the ways South Africa should solve its energy problems is to reduce electricity demand.“Something that is cheap gets wasted; something that is expensive gets treasured.”for electricity tariffs in 2023 is based on the data available to the energy provider.“The rate increase is a mechanical exercise. We don’t sit and suck up this very daunting number of a 32% increase,” he said.

He explained that Eskom knows that 32% is not an achievable increase, but they asked for it to “put the marker down” for further electricity prices over time.De Ruyter’s statements follow the announcement of a new Eskom board with a mandate to increase the energy availability factor to 75%.

 

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Those who waste electricity don’t pay for it. It is the same for those who waste water. Those of us paying for water and electricity use it wisely because at the end of the month we will pay for what we use. Andre either ignorant or being political.

Welele

Yeah it is to cheap for our neighboring countries that is being provided free power from South Africa for decades now. Time to start providing for us the people of South Africa. Get with the program guys you are lacking in every aspect.

I think that maybe 'cheap' is being used in the wrong context here. I would say that the SERVICE has become cheap and nasty. The cost, however is expensive!

So in other words during the countries biggest economic crisis since the 1920s he wants charge more money from the poor as well as hard working South Africans who can just barely hang on .

Please tell this ass to go get a refund from his school.. It is called maintenance since 1994......... But easier to steal thrn fix shit.... You Blond Bimbo go and play in Baywatch

His salary is way to high for a company failing and dragging SA down with it, so he is talking kk!

For what Ruyter earns it's cheap. But what about the poor just managing to make ends meet

When you earn R7million, with other perks that we pay for, electricity is not only so cheap, it's free!

Could be so, the real issue is about disposable income. The public and businesses cannot adjust prices of goods because that is what they will have to do.If the Government can create a more conducive environment where investments are done yes. Otherwise this is a stupid statement

Wow

Seriously de Ruyter. Seriously. After the amount of load shedding and destruction to the economy since YOU have been sitting there spewing nonsense, I take it you know what I think you can do with this particular little idea of yours ne ?

What. A hint that we should continue to pay more and more while the mess still is not being solved ? Or is there an increase in salaries again ? Performance bonuses for under-performance ? Or do we simply pay more and more for the corruption to merrily continue ?

MandelaMinutes It's free if you're in the correct demographic

Does it ever cross your mind that wages are too high in Eskom...and service is pathetic...even with an increase from 17k to 44k employees...what are they doing? We need no further excuses but solutions and, if you, the extremely highly paid CEO can't come up with any, time to go

If there is an electricity increase more then the inflation rate then Eskom and Local Municipality can keep their power. I will not pay while many get free electricity by way of illegal connections. Their is alternatives and you do not need power from Eskom.

Hahahahahaaaaa😂🤣 cool story bro

Electricity is too expensive.

What a load of …

This guy can never do no wrong in other people's eyes, must be nice lol.

Naah I had trust in this guy but it seems like he's clueless. Price of electricity is not the issue, issue here is non-payment and lack of consequences . Only a certain population is paying and others aren't paying.

At R 7mil per year, I would also talk shit everyday!

When you're not collecting from 50% of the country who are disgusting thieves and expecting the rest to pay for those parasites. Except you are anc puppet and forced to sell their looting narrative. Why not fire corrupt employees for a start. That should cut your costs 50%

ZwideMzwa Haibo guys lobaba ukahle nje ekhanda?

It's because we pay you a very high salary no wonder you don't feel it

Wanyela da man

Wtf is wrong with de Ruyter.

Income tax is unconstitutional

Free for some who could afford it and very expensive to everyone paying. De Ruiter must stop playing politics and kissing his ANC Masters arse. Everyone now knows that people not paying is a major factor as to why it's so expensive TsekANC

De Ruyter didn't say that-he doesn't speak in that manner.

When he spoke these words his brain was on stage 7.

Remove the legislation that makes Eskom a monopoly and lets see if the private sector will not offer it at a a much cheaper rate....

IamHaskin According to 60% overstaffed Eskom'ANC-CEO o

Sounds like he wants to make electricity more expensive and less affordable for low income earners. He'll say the same thing next time when he wants another increase. He must choose his next word carefully if cares about his job. He should say it's to easy to steal money at Eskom

Fok off cont.

Carl_CE50 No,you're out of your mind Andre, if you seriously think that,oh but wait,on the huge salary you earn you could say that,come to think of it,do you even PAY for electricity?

😡😡😡

Says the dude who earns 7 figures 🙄🥱

It's cheap where or for who my goodness I give up shem🙃🙈🙆‍♀️🙃🙈🙆‍♀️🙃🙈🙆‍♀️

How this guy still has a job is beyond me 🙄

He is sick nxxa 🤮

Makes no sense, the more I reduce my dependency on Eskom with solar, the more you want to tax me. Can’t have it both ways…

Seriously ok Now enough

Electricity is not cheap only corporate, some government departments/entities, upper/middle class suburbian pay to subsidise millions who r not

This guy is crazy. Eskom charges exorbitant prices for electricity that people barely use, all so they can pay their way out of the financial conundrum they concocted with the ANC and the Guptas

Yet Soweto still doesn’t pay anything….

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