South African electricity in disarray, no chaos, no totally screwed up

In a move that will satisfy no one, South Africa’s NERSA granted a clawback of ZAR32.69-billion to Eskom to cover its “undercharging” of customers in 2015-2016 and 2016-2017; Eskom wanted a clawback of ZAR66.6-billion.

However, NERSA didn’t say how Eskom how or when would collect the money from users, probably through a rate hike. The new Eskom rate for 2017/2018 is presently set at 5.23% but it could increase substantially with the NERSA decision; Eskom originally asked for a 19.9% increase.

Also, Eskom workers are on strike for a 15% increase in wages.

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Peter
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So what is the power cost now for major alloy producers in South Africa?

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