BUDGET 2023 | Prepaid electricity meters seen as debt solution
Municipalities owe Eskom R56bn
Prepare to pay for electricity usage upfront as the National Treasury nudges municipalities struggling to collect revenue from non-paying consumers to install prepaid meters.
This proposed solution to Eskom’s debt problem forms part of measures intended to help the ailing power utility reduce the staggering R56bn debt owed it by municipalities at the end of December last year...
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