Eskom’s debt service costs have doubled in just a single year to R45-billion‚ Business Day reported this week - highlighting the perilous state of the power utility‚ which supplies about 90% of SA’s energy needs.
Eskom has applied to the National Energy Regulator of SA for an electricity tariff hike of 15% per year for the next three years.
Earlier this month‚ the company said 10 out of 15 coal-fired power stations were experiencing supply shortages. Its coal stockpiles now also face the added risk of getting wet from summer rains.
Stage one rotational loadshedding was also implemented on November 18.
South Africans are not feeling sympathetic - here is a selection of comments on the Twitter announcement:
IMAT - I Made a Thing @imatimadeathing - "And so it begins... Our foreseeable life in South Africa. How terribly exciting."
BTH @Karoo_dustFollow - "So this is what I pay exorbitant electricity prices for‚ you Eskom‚ are lazy‚ useless and couldn't manage yourself out of a wet paper bag... always blaming someone else when your lack of management skills‚ badly recruited staff and uselessness are leading to these problems."
Johan @johancoe - "When Eskom don't get what the want they move to extort their customers".
Source: TMG Digital.
New round of loadshedding announced
Eskom will implement stage 1 loadshedding from midday today until 10pm‚ "due to a number of unplanned outages"‚ the electricity utility announced on Thursday.
"Non-Eskom customers are urged to contact their municipalities for a list of which areas will be affected‚" it added.
Eskom’s debt service costs have doubled in just a single year to R45-billion‚ Business Day reported this week - highlighting the perilous state of the power utility‚ which supplies about 90% of SA’s energy needs.
Eskom has applied to the National Energy Regulator of SA for an electricity tariff hike of 15% per year for the next three years.
Earlier this month‚ the company said 10 out of 15 coal-fired power stations were experiencing supply shortages. Its coal stockpiles now also face the added risk of getting wet from summer rains.
Stage one rotational loadshedding was also implemented on November 18.
South Africans are not feeling sympathetic - here is a selection of comments on the Twitter announcement:
IMAT - I Made a Thing @imatimadeathing - "And so it begins... Our foreseeable life in South Africa. How terribly exciting."
BTH @Karoo_dustFollow - "So this is what I pay exorbitant electricity prices for‚ you Eskom‚ are lazy‚ useless and couldn't manage yourself out of a wet paper bag... always blaming someone else when your lack of management skills‚ badly recruited staff and uselessness are leading to these problems."
Johan @johancoe - "When Eskom don't get what the want they move to extort their customers".
Source: TMG Digital.