Publications
Partners
Cape Town - Eskom announced on Monday that it expects some strain on the supply of electricity during the next few days because of outages.
"The power system will remain tight until new generating capacity comes on stream and essential generation maintenance is done," it said in its bi-weekly status bulletin.
It added that air-conditioning load is also expected to increase from Tuesday because of warm weather.
Eskom also appealed to consumers to reduce their electricity usage amid continuing planned maintenance.
It advised homeowners and businesses to follow four steps to save electricity:
- Switch off geysers and pool pumps;
- Switch off non-essential lights;
- Use air-conditioners efficiently by keeping the room temperature at 23°C; and
- Respond to alerts on TV each evening.
In January, the electricity utility welcomed a credit upgrade by Fitch Ratings.
The credit agency upgraded Eskom’s national ratings, saying the parastatal continued to reflect strong government support.
Eskom's outgoing chief executive Brian Dames welcomed the positive rating action
"A positive rating adjustment will assist Eskom in accessing funding in capital markets and it will improve investor confidence,” he said at the time.
Dames will step down at the end of March and departs the power utility at a time when the country struggles to keep the lights on.
In December Fin24 reported that Eskom recorded a profit of R12.24bn for the six months ending September 30 2013, but warned that it will be somewhat eroded in the second half of the financial year.
- Fin24
"The power system will remain tight until new generating capacity comes on stream and essential generation maintenance is done," it said in its bi-weekly status bulletin.
It added that air-conditioning load is also expected to increase from Tuesday because of warm weather.
Eskom also appealed to consumers to reduce their electricity usage amid continuing planned maintenance.
It advised homeowners and businesses to follow four steps to save electricity:
- Switch off geysers and pool pumps;
- Switch off non-essential lights;
- Use air-conditioners efficiently by keeping the room temperature at 23°C; and
- Respond to alerts on TV each evening.
In January, the electricity utility welcomed a credit upgrade by Fitch Ratings.
The credit agency upgraded Eskom’s national ratings, saying the parastatal continued to reflect strong government support.
Eskom's outgoing chief executive Brian Dames welcomed the positive rating action
"A positive rating adjustment will assist Eskom in accessing funding in capital markets and it will improve investor confidence,” he said at the time.
Dames will step down at the end of March and departs the power utility at a time when the country struggles to keep the lights on.
In December Fin24 reported that Eskom recorded a profit of R12.24bn for the six months ending September 30 2013, but warned that it will be somewhat eroded in the second half of the financial year.
- Fin24
