Eskom exports keep increasing
2008-05-07 08:37
Special Report
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.
Johannesburg - In the three months to March, electricity exports rose as much as 6.1% year-on-year, while electricity distributed to the nine provinces fell by 1.7%, Statistics SA said.
T-Sec chief economist Mike Schussler said that last year local
residents paid 3.7 times more for electricity than the average selling price to neighbouring countries, Business Report reported on Wednesday.
But, while exports climbed, imports fell as much as 22.4%,
said Stats SA.
Eskom was not available to comment, the report said.
South Africa imports power from Cahora Bassa in Mozambique.
- Sapa
- SAPA