Eskom increase mypd

Load shedding is no coincidence. 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.

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.

NOTE: In light of the load shedding happening around the country, we have decided to keep the public participation open and will be hand delivering the comments to Nersa at the upcoming public hearings where top energy advisor Ted Blom of the Energy Expert Coalition will be representing the public.

206956 comments so far

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

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A copy of your message will be sent to you along with an automated proof of receipt. Check your junk mail folder if you can’t find it. As an extra measure, we keep a record of all submissions sent through our system and will hand deliver them at the public hearings – so there is no chance of any comments being “lost” by Nersa. [Supported by Dear South Africa – driving participative democracy]

LIVE FEED OF COMMENTS SENT

Displaying newest 5 comments sent.

Sihle
No I do not
These people must not make us suffer for their greedy, incompetent uncounted for lives. This just stop maan
Michelle
No I do not
How they are handling the situation is exactly like before.... Blackmailing the consumer by doing Load-shedding and then asking for an increase. The leaders mismanaged Eskom and are still. I DO NOT SUPPORT THE INCREASE!!!! IT'S STEALING FROM THE CONSUMER... OVER AND OVER AGAIN.
Candida
No I do not
Eskom needs to be held accountable for its own mistakes and mismanagement. Price increases are not the answer
Paula
No I do not
Already too high
Regina
No I do not
No service no fees
Ted Blom CNBC
Ted Blom urges radical restructuring to save Eskom

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

Reaction to Eskom's stage 2 loadshedding: Ted Blom

SABC Digital News

Published on Dec 3, 2018

Eskom says Stage Two loadshedding will continue today as the organisation battles with low coal reserves and break downs at various power stations across the country. For more, we are joined in studio by energy expert Ted Blom.