ESKOM Price increase.
This means that if you are now paying around R1000-00 a month for electricity , as of July 31 you will be paying R127-00 extra.
Over the next year, that will mean R1524-00 , until the next price increase happens next year.
Remember, that this price increase wasn’t originally this high, but ESKOM pleaded with NERSA , “Please sir, may I have some more?”
This was so that ESKOM could recover more of the money they lost due to poor operational management – so for that ineptitude, we have to pay- and continue to pay.
How to fight back.
The irony here is this.
Let’s say that every single home owner in SA was able to cut their electricity usage by 10%. This would massively reduce the demand across the grid and with less power usage , ESKOM should be able to keep the lights on and even make a profit!
However, as more people use less power, the monthly costs harvested by ESKOM will ALSO DROP…and so , by asking us to save electricity , they are in fact shooting their own lights out financially.
As of March 31, ESKOM declared a revenue of R139 billion and just for argument’s sake , let’s say that the Ssouth African consumer across the board (including the industrial clients) did reduce their usage by 10%.
That would mean a R13,9 billion LOSS in revenue for ESKOM.
Then they would complain that they need to further raise the electricity price to recover lost revenue..
See a pattern here….
Either way ,we are going to be paying more , but at least we can make a difference in our pockets as well as reducing our own carbon footprint by saving energy wherever we can.