Eskom has requested the shutdown of the Kudu substation on Saturday 23 January between 05:00 and 11:30 to carry out refurbishments. The Nelson Mandela Bay Municipality will be shutting down the electricity supply to almost the entire Despatch area between 5:00am and 11:30am on Saturday to enable the emergency upgrade and refurbishment of supply lines to the area. Daleview, Reservoir Hills, Khayamnandi and the industrial area, alternatively fed from the San Souci substation on Saturday to … [Read more...] about Despatch area without electricity to-morrow
eskom
How can we owe Eskom R7.3-billion because we did not buy enough power in 2013/14?
Delivering one of the strongest presentations of the week, the Nelson Mandela Bay Business Chamber lived up to its slogan of being the authoritative voice of business when it presented today at the Nersa public hearings in the city. The hearing on whether Nersa should approve Eskom's Regulatory Clearing Account (RCA) application of R22.8-billion for the five year multi-year price determination (MYPD) Year 1 (2013/14) took place at the ETC Conference Centre in Struandale. The Nelson Mandela … [Read more...] about How can we owe Eskom R7.3-billion because we did not buy enough power in 2013/14?
17% electricity tariff hike set to destroy NMB jobs
Dear MyPE With forecasted GDP growth of just 0.3% for 2016’s first quarter, it is absolute insanity for Eskom to be considering a 17% tariff hike. Nelson Mandela Bay is in the grips of an unemployment crisis with almost 50% of our youth without jobs. Increasing tariffs will drive up industry overheads, increasing consumer prices and obliterating much needed employment for thousands of residents. The DA is committed to building and protecting a society of entrepreneurs, backed up by an … [Read more...] about 17% electricity tariff hike set to destroy NMB jobs
Eskom to hit opposition to tariff increases in PE
Opposition to Eskom’s proposed tariff increases gained momentum on Tuesday as the National Energy Regulator of South Africa (Nersa) closed its session for hearings in Cape Town. Eskom has applied for a R22.8bn adjustment for its 2013/2014 financial year. If this is granted, it is expected to lead to at least a 16% tariff hike, the City of Cape Town told the panel on Monday. The regulatory clearing account application by Eskom is for cost recovery and revenue adjustments based on actual … [Read more...] about Eskom to hit opposition to tariff increases in PE
Consumers punished by Eskoms ‘bad planning’
The big question is whether the South African economy and South Africans are ready for another unaffordable electricity increase at this point, Nhlanhla Ngidi, responsible for energy and electricity matters at the SA Local Government Association (Salga), said on Monday. He addressed a panel of the National Energy Regulator of SA (Nersa). Nersa heard an application by Eskom for a R22.8bn adjustment for its 2013/2014 financial year. If this is granted, it is expected that it would lead to a 16% … [Read more...] about Consumers punished by Eskoms ‘bad planning’
Local Business strongly rejects further Eskom increases
The Nelson Mandela Bay Business Chamber has strongly registered their rejection of additional increases in electricity tariffs for 2016 and lobbying on behalf of members on issues that affect their sustainability, the chamber says that it simply cannot accept the raising of tariffs by nearly 17% by April this year, instead of the 8% already agreed upon. Representatives from the Business Chamber will on Wednesday, 20 January 2016, present concerns at the National Energy Regulator of South … [Read more...] about Local Business strongly rejects further Eskom increases
Potential 16% tariff hike for electricity consumers
All cities in South Africa will face an electricity tariff increase of at least 16% in July if Eskom is granted a R22.8bn adjustment for the 2013/2014 financial year, according to Leslie Rencontre, director of electricity at the City of Cape Town. Eskom made a regulatory clearing account (RCA) application for this amount to the National Energy Regulator (Nersa) on Monday. In reaction to Eskom's application, Rencontre told the Nersa panel it would mean an additional 8.6% increase over and … [Read more...] about Potential 16% tariff hike for electricity consumers
Eskom asks Nersa for R22.8bn at tariff hike hearings
Eskom on Monday submitted an RCA application of R22.8bn to the National Energy Regulator of SA (Nersa). The so-called Regulatory Clearing Account application relates only to the 2013/2014 financial year and Eskom indicated that an application regarding the 2014/2015 financial year will come at a later stage. The RCA application is for cost recovery and revenue adjustments based on actual past variances and not a revenue application based on future estimates, Anoj Singh, Eskom's chief … [Read more...] about Eskom asks Nersa for R22.8bn at tariff hike hearings
The tipping point to grid defection in sight
The National Energy Regulator of South Africa (Nersa) will start its public hearings on Monday as part of Eskom's application to recover an additional R22.8bn through an electricity tariff increase. The Nersa public hearings will start in Cape Town and end in Midrand on 5 February. Nersa approves electricity tariff increases for Eskom based on a number of assumptions on factors such as electricity demand and cost of primary energy. Depending on how those assumptions pan out, Eskom is … [Read more...] about The tipping point to grid defection in sight
Eskom side-steps load shedding
Power utility Eskom said on Thursday that Unit 2 at Koeberg Nuclear Power Station has been returned to service and is currently operating at full load. The unit had been shut down for a scheduled outage on August 31 as part of Eskom's overall maintenance programme for its fleet of power stations. Every 16 to 18 months, each of the two units at Koeberg is shut down for refuelling, inspection and maintenance, the power utility said. The routine shutdowns are scheduled so as to avoid having both … [Read more...] about Eskom side-steps load shedding
Eskom staggering under Municipal debt
Municipalities with a culture of non-payment owed Eskom R5.6bn in arrear debt as at September 30, the power utility said on Tuesday. The top 20 defaulting municipalities owed R4.3bn or 76% of the total arrear municipal debt. Eskom has signed payment agreements with 50 defaulting municipalities, including 15 of the top 20 municipalities, the power utility's CEO Brian Molefe said at its interim results briefing. South African local government and the National Treasury have played pivotal … [Read more...] about Eskom staggering under Municipal debt
Is a profit really one when you receive taxpayer money?
Government funding helped Eskom post a 22% increase in net profit for the six months ended 30 September 2015. Eskom CEO Brian Molefe said the entity's profit increase R11.3bn, while achieving a 9% increase in Ebitda (Earnings before interest, taxes, depreciation and amortization) to R24.9bn Revenue increased by 8%, while primary energy costs went up by 7.7%, he explained. Molefe said Eskom received the first tranche of R10bn of government equity injection, while R13bn is expected in … [Read more...] about Is a profit really one when you receive taxpayer money?
Substantial Power Savings still available
Automotive suppliers can still extract significant further energy efficiencies. That is the view of the AIDC Eastern Cape which has been successful in reducing energy consumption at the plants of participants in its Cleaner Production Programme by over 10% on average. While South Africa's power supply has stabilised, (Eskom has ruled out load shedding for the remainder of the year) utilities remain the largest input cost for many manufacturers. "While low hanging fruits may have been … [Read more...] about Substantial Power Savings still available
100 load shedding free days
A day after reassuring the country that Eskom plans to avoid load shedding in the foreseeable future; it celebrated its 100th day without cutting power supply on Tuesday. The backlog in the maintenance programme of its ageing power plants is making steady progress, improving plant availability and a drop in plant breakdowns over the past three months, it explained. Apart from two hours and 20 minutes of load shedding on 14 September, Eskom's capacity has avoided dipping into risky … [Read more...] about 100 load shedding free days
Eskom plans to meet electricity demand 100%
Eskom CEO Brian Molefe says although this year's summer is expected to be hotter than last year's, the power utility plans to meet demand for electricity 100%. He said on Monday the utility continue with its maintenance programme without load shedding. Eskom traditionally conducts maintenance on its power stations during summer when demand is lower than the winter months. However, taking out several units for maintenance do raise the risk of power shortages. Speaking at Eskom's … [Read more...] about Eskom plans to meet electricity demand 100%
