Energy expert Chris Yelland says Eskom will have to adapt its business model to survive on revenue from industrial slientss and a smaller residential customer pool.
Eskom’s revenue likely won’t suffer due to increased rooftop photovoltaic solar uptake aided by tax incentives launched for residential and business customers on 1 March 2023.
“It will help Eskom, it is not able to meet its commitments already, so it’s not like it will be losing customers.” Yelland argued that Eskom would be able to rely on revenue generated from its remaining residential customers and industrial clients. National Treasury published an accompanying FAQ document explaining that government proposed the incentive programme to encourage households to invest in clean generation capacity, which could help solve South Africa’s energy crisis.
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