OR GO DARK R15bn
Eskom CEO tries to force regulator into approving hike despite getting zero support
Eyebrows were raised when one of Eskom’s presentation slides showed that 50% of Eskom’s power plants produced less power days after maintenance had been completed on them.
The slide led to an argument between Molefe and Nersa panel member Thembani Bukula, with the former arguing that it was actually only 10% despite the evidence contained in his utility’s slide.
Nhlanhla Ngidi of the SA Local Government Association said people simply could not afford hikes that were more than twice the rate of inflation.
He said municipalities were already suffering because people did not pay their electricity bills and this hike might be the straw that broke the camel’s back.