Electricity increase - 25%

Discussion in 'General Discussions and Advice' started by lIghty, 24 Feb 2010.

  1. lIghty

    lIghty

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    I've just heard, I believe Eskom has received a +-25% increase in electricity.......

    Just make me wonder how many people will now start stealing electricity:whistling:

    Nersa announces elec tariff hike

    24 February 2010 - 13:30
    By Sapa


    The increase for Eskom tariffs for 2010 is 24,8 percent, beginning in April.

    [​IMG]
    This has been announced by the National Energy Regulator of SA.

    For 2011, it was 25,8 percent and the following year, 25,9 percent -- all beginning in April, Nersa chairwoman Cecilia Khuzwayo said.

    It has approved an allowed revenue of R85 billion for 2010 to 2011, R109 billion for 2011 into 2012, and R141 billion for 2012/13.

    This results in the average standard price of 41,57 cents per kilowatt hour for 2010/11, 52,3 cents per kilowatt hour for 2011 to 2012 and 65,85 cents per kilowatt hour for 2012/13.

    The Multi Year Price Determination Two, which is abbreviated to MYPD2, runs from April 1, 2010, to March 31, 2013.

    Khuzwayo said that when they studied Eskom, they took into consideration its cash flow, primary energy issues, operating expenditure and its asset base.

    The impact on the poor was also taken into consideration.

    The state owned power utility had applied for an increase of 35 percent every year for three years to help raise funds for a R385 billion power expansion programme.

    Earlier, Khuzwayo said South Africa was more than 75 percent electrified and the importance of electricity could not be underestimated.

    "Electricity is the democracy of the country," she said.

    It was critical to ensure the supply of electricity and, that Eskom had been negatively affected by the global economic recession.

    This had led to the loss of 900,000 jobs.

    "It is clear that the economy is now in recession mode," she said.
     
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  3. leslie hempel

    leslie hempel Moderator MASA Contributor

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    im going to be joining the electricity thieves soon..
     
  4. butcherman

    butcherman Moderator MASA Contributor

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    ouch thats an effective 97.7% increase from the currnet price but still better than what Eskom originally wanted.
     
  5. lIghty

    lIghty Thread Starter

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    not sure I understand you Butcherman, could you explain.
    Posted via Mobile Device
     
  6. Triven

    Triven

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    everything else goes up but our wages
     
  7. clinton stanford

    clinton stanford

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    its crazy!! i wonder how much of that money will be used for its intended purpose and how much will go to back pockets? :whistling:
     
  8. Rory

    Rory Admin MASA Contributor

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    ie. If you are paying R1000 a month now in 3 years you will pay:
    R1000 + first increase + second increase + third increase
    ie.
    R1000 * 1.248 * 1.258 * 1.259 = R1976.61
     
  9. riyadhessa

    riyadhessa

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    That sucks...They ripping our pockets...
     
  10. Jaak

    Jaak

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    I think this will cause many reefers to call it a day and pack up their systems...
     
  11. lIghty

    lIghty Thread Starter

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    Oh, over the 3 years, I'm with you, thought he was only refering to the this increase....;)
     
  12. Andreas

    Andreas

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    :lol:Are you sleeping on the job again:p

    This is really huge increases. Hopefully it will be used for what it is intended for and not to fill their back pockets. Am I correct in saying that for the next couple of years until the demand increases again loadshedding will be a thing of the past. (That's assuming the intended power stations are built)
     
  13. ADVdiver

    ADVdiver

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    who has 400w halides ....... ouch.
     
  14. lIghty

    lIghty Thread Starter

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    I have 2.......:(
     
  15. Tobes

    Tobes Retired Moderator

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    And Glyn has 13 x 250 MH and 3000 watts of T5's over his 17000litre system - if I remember correctly.
    Now that is OUCH!!
    Posted via Mobile Device
     
  16. vatso

    vatso

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    OOPS I was working on Amp Hours Not KW hours LOL
     
    Last edited: 25 Feb 2010
  17. Redhawk10

    Redhawk10

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    Originally Posted by Tobes [​IMG]
    And Glyn has 13 x 250 MH and 3000 watts of T5's over his 17000litre system - if I remember correctly.
    Now that is OUCH!!
    Posted via Mobile Device


    Hi there, 13x250W=3250w + 3000w for T5 =6250w= 6.25Kw x 50c per Kw = R3.125 per hour + 25% = R3.91 per hour that the lights are running ,next 25% = R4.88 per hour, next 25% = R6.10 per hour. So its going to hurt a little
     
  18. vatso

    vatso

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    If one has an average of 350W per 24 Hour day including lights for 8 hours & then at night just some pumps the running cost is R126 per month - not so bad - will increase to R157.50
     
  19. bluefronted

    bluefronted

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    Eskom needs around R300 billion to start / completed two massive 6 unit coal fired stations, one near Witbank , the other in Elliras, a huge pump staorage station between Van Reenens pass and Laysmith and a few smaller Hydro stations , plus an upgrade to the 765kV line to the Cape.
    *** And tpo top it all ,these stations will be neede for the next 10 years. Beyond this new capacity is needed.
     
  20. nick_fraser

    nick_fraser

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    Redhawk you are lucky if you are only paying 50c KW/h i am paying 60c and i am getting it quiet cheap. My Motherinlaw live in Sandton and is paying 85c kw/h

    what are others paying?
     
  21. butcherman

    butcherman Moderator MASA Contributor

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    mine was 85c i live in kempton
     
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