Eskom asks for a 20% tariff hike, but may get nothing | Citypress

Eskom asks for a 20% tariff hike, but may get nothing

2021-11-21 08:45:00 AM

Eskom asks for a 20% tariff hike, but may get nothing

In the midst of persistent power outages, consumers will have to face a 20% increase in power tariffs next year – if Eskom has its way.

According to economist Mike Schüssler, such a large increase could push the inflation rate up from the estimated 4.1% next year by one percentage point, which, in turn, could lead to higher interest rates.“Power costs used to be 4% of the costs in mining. They’re now 9%. Whether you run a school, a restaurant or whatever, it will have a huge impact on you,” he says.

Support independent journalism

Read more: City Press »

Where to find your favourite agenda-setting newspaper | Citypress

We’re making it easier to get a copy of your favourite agenda-setting newspaper every Sunday at a store near you. Here's a list of all the suburbs in which you can find us. Read more >>

So you want to milk the few customer you have left even more? It needs to get nothing. We pay far too much as it is for the stealing backlog. Eskom_SA this organization has no shame. After a poor service they increase prices. Shame on you leadership of eskom. Instead of begging for insane increases, actually fix utility. Cut heads by 50%, reappraise all contracts Especially coal supply. Stop theft, irregular spending. Restructure entire business top to bottom. Has any business managed to increase pricing like Eskom over 12 years?

Makhalanjalo There isn't an excuse I haven't heard from this guy. Yoh Eskom should focus on recouping the money owed to them Meanwhile he is paying glencore 3 times more for coal. How rich. We will talk about that once you have removed the costs of corruption. AGAIN it's unbearable as it is now and they want another 20%? This is f***d up..

You chose the devil now younact as if you care fusek

Bitcoin falls almost 20% in two weeks as crypto bulls retreatChina’s crypto crackdown and new US tax-reporting provisions that are being viewed as unfriendly to crypto investors have soured sentiment

For FOKOL service delivery 😰 They keep hiking everything while salaries remain as they are. Aowa mann. They better get nothing Welcome to Zimbabwe When do we riot? I still want to know if Eskom has considered the effect of all the increases in the cost of electricity on the poor and the elderly Carl_CE50 Hallo Eskom_SA the answer is NO. Sort your nonsense, close the corruption taps, unhook the gravy trains.

Eskom_SA is run by the MYANC so there's no way they cannot get the hike. Those fools are looking only into their own pockets Bayahlanya... Bayayazi 20% ? Admin please ke letšatši la Modimo le rena gare nyake go ferekana hle! Will respond tomorrow

Shivambu slams Eskom CEO De Ruyter for calling power utility a ‘dead horse’'How on earth does government keep in office a so-called CEO who refers to a company he’s leading as a 'dead horse'?' asked EFF deputy leader Floyd Shivambu Look in the mirror. If it's a dead horse, it's a dead horse. He, Floyd Shivambu, problaby wants him to lie about it, like they, the politicians, always do. Not even worth a thought. 😂😂😂😂😂😂😎

Politicians steal and the voters pay Bayanya - hike ya ntoni?

Eskom finds evidence of sabotage at Lethabo Power StationEskom group CEO André de Ruyter says clear evidence has emerged of sabotage at the Lethabo Power Station in the Free State. When it affects the entire country, it's not sabotage,it's terrorism But honestly this is tiring why make accusations without investigation and getting proof to back up the allegations. We all want the culprits to face the music but without any evidence it's not gonna happen. 😑 If there's prove of sabotage law must follow against those who are engage in this unlawful activities

Eskom to suspend load-shedding from 9pm on FridayEskom says it will suspend load-shedding from 9pm on Friday as seven generation units have returned to service. Good news ,we'll done to the man and woman at work.

Eskom to suspend load-shedding from 9pm on FridayEskom says it will suspend load-shedding from 9pm on Friday as seven generation units have returned to service.

LIVESTREAM | Eskom provides update on system challenges[ON AIR] Eskom CEO Andre de Ruyter briefs the country on the power utility's maintenance plans for the weekend Watch it here: Fire this useless wimp already. Gwede finish him off once My 3 year old has been sleeping hungry for the past two days💔. I'm currently looking for employment and my family is suffering. Please assist us with any food you dont need or food nearing their expiry date. I'm a man yes but I'm a father too💔😔