OR GO DARK R15bn

Eskom CEO tries to force reg­u­la­tor into ap­prov­ing hike de­spite get­ting zero sup­port

CityPress - - Business -

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.

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