Rather than hiking tariffs and punishing SA, why doesn’t the low-EQ utility trim its bloated staff costs?
A student studying by candle light during load shedding. Picture: Gallo Images/Luba Lesolle
“outrageous” that Eskom wants more money for services it isn’t delivering. “Eskom seems to assume that electricity consumers are a captive audience from which it can demand money while failing to supply a service,” it said. Second, Eskom wants higher tariffs to mitigate its looming R15bn loss. “It appears that part of Eskom’s rationale for its tariff application is a desire to pay profits to government,” says Outa.CFO Calib Cassim argued to the National Energy Regulator of SA that even if its R400bn debt is stripped out, the utility still needs a hefty price hike to reflect its “costs”.
So when Cassim beats his breast about Eskom’s need to levy a “cost-reflective tariff”, consider how padded these “costs” are. Nersa shouldn’t fall for it.
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