Electricity

  • Bye bye Eskom
  • There is only one way to profit from Eskom's Coal Cliff - and SA's energy revolution and that is to invest in these Three Penny Stock Eruptors: HERE'S HOW TO CLAIM YOUR COPY TODAY Read it and you will discover:   Penny Stock Eruptor #1: A coal miner that's set to quadruple production and come to Eskom's rescue   Penny Stock Eruptor #2: The only such business in Africa, with th... ››› more
  • [14 May 2018]
  • Get your budget ready for another Eskom price hike
  • If you're celebrating that we're almost through winter and had no load-shedding, I have some bad news for you. You and I might have had an “uninterrupted” power supply this winter but it's going to cost our pockets, big time! According to an article in the City Press newspaper this weekend, “The economy is set for a shock from the combined blows of Eskom's move to hike the cost of tw... ››› more
  • [12 July 2016]
  • Consumers could face another hefty hike to electricity tariffs if Eskom gets its way
  • It looks like another tariff hike could be looming for electricity users. Eskom has applied to the National Energy Regulator of South African (NERSA) for approval to raise a shortfall. This could see a double digit rise to electricity tariffs from next year. Let's take a closer look at what's going on…   Eskom is seeking to recoup R22.8 billion   Today, Eskom applied to th... ››› more
  • [12 November 2015]
  • WHY isn't the South African Government doing this?
  • Throughout my journey in London the one thing I noticed is there's tons of construction happening every day. Everywhere you look, you'll see massive cranes, construction workers and buildings being revamped. My first thought was that surely with all this construction, you'd need to have powerful electricity grid. Back in South Africa, where power outages are basically a common occurrence, ... ››› more
  • [30 October 2015]
  • NERSA will reveal whether Eskom can hike tariffs yet again at the end of June
  • Yesterday, the National Energy Regulator of South Africa (NERSA) announced that it will reveal its decision on Eskom's request for another tariff hike. Eskom has already implemented tariff hikes this year, though some of these don't come into effect until 1 July. If the new tariff hike request gains approval, it will see consumers coming under further strain. Let's take a closer look at w... ››› more
  • [14 May 2015]
  • Stage two load shedding kicks off as Eskom continues its struggle
  • For the sixth day in a row, South Africa will endure yet more load shedding. This morning, Eskom announced that it would be resorting to stage two load shedding as power supplies continue to be under severe pressure. Let's take a closer look at what's going on… After four hours of stage one load shedding, Eskom moves to stage two After kicking off the day at stage one load sheddin... ››› more
  • [17 April 2015]
  • Eskom struggles to keep the lights on and resorts to stage three load shedding
  • After South Africa endured stage two load shedding on Monday, it got worse. By yesterday evening, Eskom has upgraded load shedding to stage three. The power utility is struggling with power supplies as a spate of unplanned maintenance hits its generators. So what's going on? Read on to find out more… More unplanned maintenance puts electricity supplies under strain Last night, ... ››› more
  • [15 April 2015]
  • Consumers beware: As April kicks off, so do a number of price hikes
  • From tomorrow, the cost of living is going to start to climb. At midnight tonight, the price at the pumps is rising sharply. Some electricity customers will also be coughing up significantly more for power. And more price hikes are due to filter through over the next few months. Let's take a closer look at what's going on and what impact it could have on South Africa's ailing economy… ... ››› more
  • [31 March 2015]
  • Brace yourself: Fuel and electricity are going to cost you more from 1 April
  • After motorists endured the first petrol hike in several months on 4 March, paying more at the pumps looks inevitable come next Wednesday. And to make matters worse, some customers will see a significant rise in their electricity bills. So what sort of price hikes lie ahead? Read on to find out… How much more is fuel going to cost? At the beginning of this month, motorists saw ... ››› more
  • [23 March 2015]
  • Eskom requests a whopping tariff hike amounting to more than 25%
  • So far this year, the country has dealt with multiple bouts of load shedding as Eskom struggles to keep South Africa powered with enough electricity. Now it has emerged that in addition to an already generous hike approved last year, the power utility is requesting another tariff hike. Let's take a closer look at the new tariff hike request… Eskom cite the cost of diesel as one of it... ››› more
  • [20 March 2015]
  • What today's budget means for you
  • Earlier today, finance minister Nhlanhla Nene gave his first full budget speech. So what impact will today's budget have on you and your pocket? Let's take a closer look… The fuel price will rise 80.5c thanks to levy hikes Over recent months, motorists have benefitted from the falling oil price. This has resulted in significant cuts to the fuel price. But the finance minister took... ››› more
  • [25 February 2015]
  • Eskom warns that load shedding is, yet again, a possibility
  • This morning, Eskom said there's a medium to high risk of load shedding today. The power utility says that at the moment the system is stable, yet if anything changes, load shedding could ensure. Eskom's Majuba plant is now back online after repairs, which has helped to ease some of the country's power constraints. Let's take a closer look at what's going on… Majuba is helping to... ››› more
  • [20 February 2015]
  • South Africa braces itself for yet another day of load shedding
  • This morning, Eskom announced that it would have to implement stage two load shedding again. This comes after the power utility had to move into stage three load shedding yesterday as the national grid was on the brink of collapse. The issues with power supplies in the country are worrying investors, putting pressure on the rand and business confidence. Let's take a closer look at what's ... ››› more
  • [06 February 2015]
  • Eskom cancels load shedding as electricity use drops
  • In some welcomed good news, Eskom revealed that it's cancelled its planned load shedding for today. The power utility puts this down to electricity users reducing their consumption. Let's take a closer look at what's going on… Eskom thanks consumers for their part in reducing electricity usage Today, Khulu Phasiwe, a spokesman for Eskom, “praised consumers for heeding the call t... ››› more
  • [03 February 2015]
  • Eskom warns of load shedding risk as the power utility encounters yet more problems
  • Earlier today, South African power utility Eskom revealed that the country's facing a high risk of load shedding. This is down to the failure of two of its power generators. For several years, issues with power supplies have plagued SA. This comes as Eskom missed another deadline for opening a new power plant unit. It was due to come online in December. Let's take a closer look at what's ... ››› more
  • [07 January 2015]
  • Yet again, Eskom struggles to keep South Africa's lights on
  • Load shedding seems to becoming commonplace again in South Africa. And the story was no different yesterday. Eskom revealed that electricity supplies were under pressure again following the breakdown of four generators at three different power stations. Eskom says it's managed to get two of the generators back online, but problems remain. And further load shedding appears likely. Let's ta... ››› more
  • [17 December 2014]
  • Power emergency: Eskom urges its industrial customers to cut usage
  • Yesterday, power utility Eskom asked its industrial customers to cut their usage as it contends with yet another issue over its power supply. This comes as the electricity provider is dealing with high demand for power due to bad weather conditions. Let's take a closer look at what's going on… Eskom asked industrial users to cut power use by 10% Eskom asked its “large industrial... ››› more
  • [24 November 2014]
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