Electricity price hikes are keeping the poor in the dark
The electricity sector in South Africa has been in a state of disruption over the last few years. The country’s power utility company, Eskom, has been under scrutiny for several reasons – most of which include rolling blackouts, load-shedding, high levels of inefficiency and delayed delivery of new energy projects.
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Constant tariff increases under the multiyear price determination (MYPD) programme is another major source of discontent towards the utility. The tariff increases have grown from a modest rate of 5.1% in 2006/7 to a peak of 31.3% in 2009/10.
As concerns increase regarding the lack of secured power supply, there is a demand for alternative power solutions to meet the energy needs of our country.
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