Posts tagged with 'consumers'

 

Eskom cannot deliver sufficient and sustainable power, ANC regime now approves alternative options

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The ANC regime has finally realized that Eskom is unable to provide sufficient, and sustainable, electricity to consumers.

The news that the government has agreed that municipalities may start their own power supply is a complete turnaround in policy and is also contrary to the AMC-SACP alliance’s communist approach to control everything for everyone.

There are suspicions that several larger municipalities will do their homework, but informed sources believe the new step could lead to greater corruption and poor service delivery since no municipality has the skills to set up and operate its own power plant.

 

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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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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 insufficient.

At the core of the recent court challenge is a R23billion cash injection it received from the government that Nersa deducted when approving tariff hikes for three financial years.

In its court application, Eskom contends that the alleged inadequate increase provided by Nersa presents a “material risk of potential catastrophic consequences”, not only for the power utility but for the country.

Energy expert Ted Blom said: “The contestation around the R23bn relates to the fact that at the time, Eskom and government said the money was to subsidise operating costs and Nersa dealt with it
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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 increas
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Eskom to cut 60% of Soweto households’ power supply – Seems like #blackprivilege don’t apply in black residential areas at the expense of honest payers

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Eskom has awakened from its 25 years of corruption and has now suddenly decided to cut off Soweto’s illegal electricity consumers’ supply.

According to the latest report, Eskom has indicated that it will disconnect power from at least 60% of the 200,000 Soweto households with prepaid meters.

The reason is, according to Eskom, due to the fact that the majority of households have illegal connections, thereby stealing the power supply.

Experts say that’s one reason why regular payers have been so heavily burdened with unreasonably high rates for the past decade.

Eskom decided to take the action after the Supreme Court rejected Soweto residents’ request that Eskom be banned from cutting off power.

The media, and in particular Die Vryburger, have complained on behalf of thousands of power consumers over the past decade that Eskom allows black residential areas to steal power at the expense of honest payers.

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Livestock actions banned in Gauteng, Mpumalanga and Limpopo following outbreak of foot-and-mouth disease – consumers can prepare themselves for some hefty price increases for meat products

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TAU SA is shocked after the announcement that livestock auctions in Limpopo, Mpumalanga, Gauteng and North West have been suspended until further notification by the Department of Agriculture, Land Reform and Rural Development. This announcement follows after the outbreak of foot-and-mouth disease in the Molemole district of Limpopo.

“This is a big blow to the livestock and game farmers in the country, who are already being forced to their knees by the drought,” says Mr. Henk van de Graaf, the regional chairman of TAU SA Norht. “The sale of herds was the only remaining solution for farmers who no longer have food for their animals and now this way of escape is also removed.”

TAU SA realizes that serious action must now be taken to prevent the highly contagious disease but they do not believe that suspending auctions will solve the problem. Rather, the government must ensure that the measures originally put in place must be strictly adhered to an
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Economist says consumers are facing a bit of pressure things could get tougher in SA

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JOHANNESBURG – While the latest retail trade figures show a slight increase in consumer confidence, there were fears that pressure on consumers’ income may still decrease sales.

Statistics South Africa released a report on Wednesday, showing an increase in retail sales which boded well for economic growth.

The main contributors to the increase were clothing, footwear, leather goods and general dealers.

The report showed that South Africans were tightening their belts amid tough economic times with food, beverages and tobacco recording negative growth of minus 0.1%. Annual growth sales for household furniture and appliances, however, showed growth of 5.2%.

Economist Isaac Mashego said these figures were encouraging.

“It does show some stability in consumer spending. Looking at unemployment figures, it shows that consumers are facing a bit of pressure and things could get tougher.”

Mashego said interest rate cuts a
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Thanks to the ruling ANC regime, SA’s economy outlook is getting worse with Eskom already plunging the country deeper into debt

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In an exclusive interview conducted by Die Vryburger with a well-known political analyst, it seems that 2019 is not a year of good prospects.

The anonymous expert says the projections are getting darker with Eskom, who is already plunging the country into debt with loadshedding.

In addition to the enormous R2 billion it cost daily to endure load shedding, it has a very negative impact on potential investors abroad.

The recession in which SA is currently, along with the tremendous debt burden of the state, forces the Finance Minister to take unfavorable measures to balance the scale, but cannot tamper with it because the election is at the door.

He says there is no reason to think that it will improve in the economic sphere in the second half of 2019, because the Rand is doubtful, gold mines are shaky because of the power supply’s load shedding, and this increases the possibility of higher unemployment. means that less personal tax i
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