News24

Group protests Eskom hike at hearing

2013-01-30 12:30

Johannesburg - People are protesting outside the Gallagher Convention Centre in Midrand, where Nersa is holding public hearings on Eskom's proposed tariff hike on Wednesday.

Around 100 people, many dressed in red T-shirts, carried placards and blocked the gate to the premises.

Some of the placards read: "Eskom's application equals job losses and inflation" and "Link electricity tariff increases to inflation".

Two men wrapped in plastic, with electric cables around their necks, sprawled on the ground. Above their heads were cardboard tombstones with the words: "RIP Eskom, you are killing us".

Basic right

Several elderly people were among the protesters. One of the protesters shouted that Eskom was denying them their basic right to electricity.

Besides the proposed electricity hike, the group said they were against nuclear energy. According to one placard this was a "Nuclear Fukushima".

Eskom had applied to Nersa for an electricity price increase of 16% every year for the next five years. This would more than double the price of electricity over five years, taking it from 61cents as kWh in 2012/13, to 128 cents a kWh in 2017/18.

Earlier, Eskom's finance director Paul O'Flaherty told the hearing it needed the increase to maintain revenue and cover operating costs, among other things.

He said if Eskom merely minimised operating costs, as had been suggested, the servicing of machinery would be neglected and there would have to be massive staff reductions.

The Nersa hearings, chaired by Thembani Bukula, are being held to gather views on Eskom's multi-year price determination (MYPD3) application.

 

Comments
  • greig.saunders - 2013-01-30 12:34

    Cover your operating costs by not throwing multi-million Rand parties and giving HUGE bonuses to undeserved employees. The monopoly is not actually supposed to make a profit!!! Eskom is the only company that I know of that tells its customers NOT to use their product...

      rowan.maulson - 2013-01-30 16:48

      Try Billions instead. It was R12.8bn for the six months ending September 2011

  • motsusi - 2013-01-30 12:59

    http://www.news24.com/SouthAfrica/News/Eskom-hike-for-salary-increases-report-20130126

  • peter.j.cock - 2013-01-30 13:07

    "to maintain revenue and cover operating costs, among other things." I want to know what the other things are - I assume their multi million bonuses

  • gideon.keyser - 2013-01-30 13:08

    wtf, I pay 118c/kwh tax. what is this 61c?

  • motsusi - 2013-01-30 13:10

    http://www.fin24.com/Economy/Report-R100k-per-meeting-20120826

  • motsusi - 2013-01-30 13:12

    http://www.news24.com/MyNews24/Partying-for-R36m-is-unethical-20120711

  • motsusi - 2013-01-30 13:13

    http://www.fin24.com/Companies/Industrial/Rein-in-bonuses-Gigaba-asks-20120617

  • JohnWJonker - 2013-01-30 13:19

    Why can't they cover operating costs with their MASSIVE profits they post each year?? This is ridiculous...!!!!

  • jonathan.dutoit2 - 2013-01-30 13:29

    Eskom should ask themselves: 'what would jesus do?'

  • kuno.tschumi.5 - 2013-01-30 13:37

    they make billions and billions of Rand profit... what happens to all the profit? Its time we are getting some competition in and see if they can produce cheaper energy.

  • james.bondiski - 2013-01-30 14:12

    hey news 24 wtf are u deleting my comments again!!!!!!

  • kgabo.patrick.7 - 2013-01-30 14:19

    Welcome to Zimbabwe,tarif hike vs petrol hike!who's the winner? ONS SAL KAAK!!!

  • kuschke1 - 2013-01-30 14:27

    My municipality charges me, a pre-paid customer, R1,23 per kWh. This means the municipality has a mark-up on electricity of more than 100%. NERSA and the government should include the final cost to the consumer as part of their deliberations. The municipalities make obscene profits on electricity to keep the inept, obese and functionaly illiterate councillors in the lap of luxury

  • arthur.salvado - 2013-01-30 14:47

    Soon Zim will start looking like a proposition . The greed for opulent living style without having to work for it will forever continue. Viva ANC viva Africa . Bunch of uneducated tossers

  • petr.valcik1 - 2013-01-30 15:02

    Well they made a good profit last year even with the over spending for their massive parties and bonuses - so why do they need more money? Never mind the fact that the major municipalities already increase the electrictricity prices by another massive margin as they see fit.

  • tbmarcussen - 2013-01-30 15:36

    Pay us more and you won't have a problem getting paid

  • julia.leftwich - 2013-01-30 16:42

    "there would have to be massive staff reductions" There's our answer right there. Fire the whole stupid, thieving, useless lot of them (saving on the massive, bloated salaries and bonuses they get for doing nothing) and hire some new, clever people, who're actually willing to work (and think), to save us. PS. 61c per kwh my a*se.

  • my opinion - 2013-01-30 20:12

    We PAY so that 'certain' priveledged may LIVE well. It's bullsh*t!!

  • Philo Pillowcase Simelane - 2013-03-05 14:21

    and hosting Guptas breakfast meetings worth millions...is that your operating costs....

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