Eskom buy-back programme no more – Nersa

2013-03-27 15:11

The National Energy Regulator of SA (Nersa) has refused to allow Eskom to charge consumers for its power buy-back programme.

Briefing Parliament’s portfolio committee on energy today, Nersa official Thembani Bukula said buy-back agreements with major industrial users had proved counterproductive.

The programme allowed Eskom to buy back power from major users to curb usage when the electricity grid was tight.

“The buy-backs was an amount of R8.9 billion that Eskom was putting in the tariff to say then when they want to do maintenance on their plants they would go to a company and say: ‘Don’t produce what you are producing, we are going to pay you,’ ... that is what is not allowed,” Bukula said.

Nersa gave various reasons why the programme was “inefficient”.

“When companies are not allowed to produce, then employees will not earn a salary. The ones who are transporting them will not earn,” he said.

“We would give them the whole R8.9 billion if they were to improve the productivity of their own system, the efficiency of their own systems, and also improve the viability of their own power plants.”

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.