Cities suffer every time Eskom hikes prices – report

A report by the South African Cities Network on the state of city finances for 2018 has revealed that several major cities have seen a serious decline in revenue from power every time Eskom hikes prices.

Another knock on effect of this is that cities no longer have a revenue surplus from selling water and electricity to cross-subsidise other services. Another interesting part of the report was that it recommended that metros look into sourcing some of their power from independent power producers .

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More money for ailing EskomEnergy experts say the bailout is insufficient to make Eskom financially sustainable in the long term. Why you should question if God is real is that Eskom is real. There can be no God if Eskom exist. More money thrown away. Flogging a dead horse
Source: eNCA - 🏆 49. / 51 Read more »

More money for ailing EskomEnergy experts say the bailout is insufficient to make Eskom financially sustainable in the long term. give them 50 Squillion S.A.Rands!!!
Source: eNCA - 🏆 49. / 51 Read more »

Tito Mboweni's Eskom SOS to Maria RamosFormer Absa CEO Maria Ramos is being brought in to head the explosive process of unbundling Eskom into three components, as the energy utility came close to imploding financially in the past few days. Is she not a pensioner I have not forgiven since the time she was Transnet CEO. She removed & sold some business units including Metrorail. Which is now DOT & many personnel benefits were also taken away tito_mboweni at this rate if this is true as citizens we getting a real taste of narrow mindedness arrogance
Source: SundayTimesZA - 🏆 47. / 51 Read more »