Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Power: how much you'll pay

Oct 09 2009 13:50 Nicole Rego

Related Articles

Godsell pleads Eskom's case

'Power deliberately under-priced'

Eskom 'wants to up tariffs 666%'

 

Top Stories

Financial mess 'unintended', says Nedbank

Feb 12 2012 15:59

Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.

Construction looks to more graft

Feb 12 2012 15:58

Construction companies are now undertaking a second round of self-examination into uncompetitive behaviour.

Merkel 'taking Europe in wrong direction'

Feb 12 2012 14:54

American billionaire George Soros has slammed German Chancellor Angela Merkel, warning that her policies could lead to a repeat of the Great Depression.

 
Share Share line Print

Johannesburg - The monthly electricity bill of an average South African household could go up from R150.48 at the beginning of 2008 to R765.90 in 2012 - an increase of 409%.

These calculations are based on the lowest variables of fees charged since 2008, as well as the most conservative estimate of probable price increases from now until 2012.

According to Eskom, the average suburban home uses about 760 kWh in summer (used for the mentioned calculation) and 970 kWh in winter. Before the power utility was granted a 27.5% price increase in July 2008, it charged customers between 19.8c (used for the calculation) and 25.24c per kWh.

The same consumer's electricity bill would have been hiked to R191.34 per month after the 2008 tariff increase, and again to R251.23 in 2009 (July's 31.5% increase).

Sake24 reported earlier this week that Eskom has applied for a 66% hike in 2010, but may also opt for 45% per year for three years.

Should average consumers' bills be hiked by 45% for the next three years, they will pay R364.28 in 2010, R528.21 in 2011 and R765.90 in 2012.

Power up your maths skills to save

Eskom said it is essential for households to know how much electricity every appliance consumes, so that they can save sensibly.

"Working out what every appliance uses and tracking its impact on your monthly bill is easy. The wattage is usually printed on the back of an appliance or is included in its packaging," Eskom said. "This figure tells you how much electricity the appliance uses in a month."

For instance, a 100W (or 0.1 kW) light bulb used for 60 hours a month means the total amount of electricity used is 6 kWh.

- Fin24.com

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

Attie

Whilst doing my regular book browsing at Exclusive Books just before Christmas 2011 a book with the simple title “My Book” caught my eye. Paging through the book I saw nothing else but wild life photographs with accompanying quotations by either the author or another well-known person. ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...