Posts tagged with 'tariff increases'

 

Cash strapped Eskom wants another R27bn from consumers – Could this be the reason why SA is experiencing #Rollingblackouts? To manipulate us into giving them what they want?

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In its latest application to the energy regulator, the power utility is claiming this as an underrecovery for 2018/19, meaning tariffs may rise by 16.6% next year

Eskom, which last week again saw a collapse of its power network that led to nationwide load shedding, wants consumers to cough up a further R27 billion for electricity.

The national energy regulator Nersa has published Eskom’s latest application for public comment.

In it, the power utility said this was the amount that it underrecovered in 2018/19, and that it therefore wanted R27 billion more through power tariffs.

Although Eskom suggested that whatever Nersa granted should be added to electricity tariffs next year and the year thereafter, Nersa’s decision will likely be too late to influence 2020 tariff increases.

However, if Eskom receives the full R27.2 billion that it wants, and it is implemented over two years, this could see electricity tariffs in 2021 increase by 11.38% instead of
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Eskom load shedding may have been applied over Nersa not approving electricity supplier’s tariff increase and is now used as leverage to manipulate the initial decision

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TAU SA finds it extremely suspicious that Eskom suddenly imposes loadshedding just days after the electricity supplier filed a lawsuit against Nersa, the regulator, because the entity was not satisfied with the tariff increases approved.

“It almost seems as if there is a subtle blackmail here, as it has often happened in the past if Eskom disagreed with Nersa’s decisions,” says Mr. Louis Meintjes, the president of TAU SA. “The consumer is beginning to get the impression that if Eskom doesn’t make sense, load shedding is set as a kind of leverage.

“The explanation that there have been problems since Saturday, but the country is only caught on Wednesday without any warning, is just as unacceptable,” he says. “Many farmers need to properly schedule their irrigation in these drought and hot temperatures so that they can provide food for the country’s tables. They have been deprived of the right of proper planning through Eskom’s laxity and insensitive actions. I
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Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns

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More than 600 senior officials from Eskom and some executives were informed of the entity’s “turnaround” plan. According to documentation, Eskom is sitting without cash and has almost completely collapsed on several occasions.

R130bn has been loaned to the power provider and the state is expected to help as government announces increased tariffs. Eskom unbundling continues but will take four years to finalize. So the future is still bleak around the entity with its overloaded workforce and top structure officials.

In the last two years, Eskom reported a loss of R2.3 billion while R19.6 billion was wasted on unauthorized expenses.

In the meantime, Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns.

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Shocking news, Eskom’s big coal whopper and they would like to point the finger to you the consumer for using too much electricity

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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 of the town.

Speaking to The Witness on Tuesday, she said that Eskom had ceased taking delivery of the coal for reasons unknown to her, for the past month, and that its “wording” to the public about the coal shortage was incorrect.

“How can Eskom tell us there is no coal?” she asked.

Spokespeople for Eskom did not respond to questions from The Witness about the coal supplies by the time of going to print.

Ott is one of many business chamber leaders, including Pietermaritzburg Chamber of Business CEO Melanie Veness, who have met in Johannesburg this week to strategise on how they will oppose, in a united voi
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