Eskom increase mypd

Eskom has stated it is “entitled to a 90% increase” and has now applied to increase your electricity costs for 2019. The National Energy Regulator, NERSA has asked for your comment in the increase decision-making process.

The public have until 30 November to submit their comments.

Please use the form below to add your name and comment.

If you support or object to the increase, please give a reason why. Should you be at a loss for words, read the summary, live input or documents below the form.

Top energy advisor Ted Blom will be representing the public at the upcoming hearings.

34061 comments sent so far.

Do you support Eskom's tariff increase application? (summary below)
Yes I doNo I do notNot fully

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LIVE FEED OF COMMENTS SENT

Displaying newest 5 comments sent.

Hameeda
No I do not
Eskom is already ripping its customers and still they complaining. Will the money ever be enough ??? Untill they sort out the root of the problem (management and staff ) nothing will change. STOP ABUSING PUBLIC HARD EARNED MONEY
Bernice
No I do not
It is about time that Eskom start managing the financials and be privatize
sylvia
No I do not

eskom isnt sustainable - so called management is top heavy and not qualified to run this business at all. - too much corruption - i doubt if this protest will help but live in hope
LINDA
No I do not
WHY MUST THE PUBLIC AND INNOCENT PEOPLE PAY FOR THE CORRUPTION OF ESKOM'S TOP MANAGEMENT AND THE MISMANAGING OF ESKOM'S INCOME I.E. OUR PAYMENTS!! NO NO NO - LET THE ONES WHO ARE RESPONSIBLE - THE CORRUPT ONES, PAY BACK THE 'LOST' INCOME.
Sophia
No I do not
The reason I all ready do not have money to buy decent food cost of living so high how do management of Eskom expect us to live we are living under the bread line God help us !!!

SUMMARY 

  • The increase is 15% for direct Eskom customers while 17 to >20% for municipal customers
  • This increase will be per year, to 2022
  • Eskom claims they are entitled to over 90% increase if they follow the MYPD rules,  (called “defective” 2 yrs ago by Ted Blom), as the basis of those rules are questionable, not transparent and deliberately inflated by Eskom (fraud) to solve liquidity ratios in its Balance sheet
  • Eskom has revalued its assets from R800bn to R1.4tn – and Nersa has not allowed the public to review this, despite a previous ruling for this to be made public
  • Eskom remains captured, albeit now by another new “third force”
  • The balance between what Eskom is now claiming through the “front door”(MYPD4) will be claimed later through the “backdoor” (RCA)
  • Eskom is being driven into the ground, and SA economy will collapse before 2022.
  • Eskom is NOT sustainable
  • Expect massive RCA claims ahead
  • No turnaround strategy evident
  • Renewables taking around 30% of revenue, delivering less than 10% of saleable power
  • Debt service shortfall of more than R50bn – will kill Eskom’s Bond market
  • Hence more bailouts ahead
  • Acknowledgement that Maintenance is below requirements- could lead to more PowerStation failures & blackouts
  • Full forensic investigation needed now more than ever