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Power Crisis

Electricity consumption falls

2008-07-03 17:13
line

Special Report

Eskom may seek 34% tariff hike

Eskom is set to seek a 34% hike in electricity tariffs, back from the 88% rise it had been considering due to the global economic slowdown, a newspaper says.

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Johannesburg - The estimated consumption of electricity in May 2008 decreased by 2.5% compared with May 2007, Statistics SA said on Thursday.

The estimated volume of electricity consumed (available for distribution) for the three months ending May 2008 decreased by 1.5% compared with the three months ending May 2007.

Electricity consumption after seasonal adjustment for the latest three months ending May 2008 decreased by 0.6%, compared with the previous three months ended February 2008.

The estimated production of electricity, after seasonal adjustment, showed a decrease of 2.1% for the three months ending May 2008 compared with the preceding three months, Stats SA said.

The estimated total production of electricity in May 2008 decreased by 2.1% compared with May 2007.

The estimated production of electricity during the latest three months ending May 2008 decreased by 1.1% compared with the same period of 2007.

International trade in electricity for 2008 to date showed annual decreases for electricity imported from outside South Africa (-20.7%) and electricity exported to neighbouring countries (-2.2%).

"The decrease in imports of electricity in the first five months of 2008 resulted from reduced availability from the Cahorra Bassa scheme owing to the planned refurbishment of an Eskom converter station, and the unavailability of the transmission network in Zambia, owing to system instability in that country."

- SAPA

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