Data provided by McGregor BFA
All data is delayed
Loading...
See More

Zuma vows action on Eskom tariffs

Feb 09 2012 19:52 Fin24

Related Articles

W Cape worst hit by Eskom vending faults

Eskom makes progress on maintenance

Eskom probes prepaid system

Eskom ordered to raise pay

Copper theft declines

Green light for Eskom, SIU cooperation

 
Johannesburg - High electricity tariffs are a major concern for consumers and businesses, President Jacob Zuma acknowledged on Thursday, while encouraging South Africans to save more on electricity use.

"I have asked Eskom to seek options on how the price increase requirement may be reduced over the next few years, in support of economic growth and job creation and give me proposals for consideration," he said in his State of the Nation address.

"We need an electricity price path which will ensure that Eskom and the industry remain financially viable and sustainable, but which remains affordable especially for the poor."

But he urged more savings by everyone, calling for a "pact" on this and warning that until Eskom's new Medupi and Kusile power stations come into operation, the electricity system will be very tight.

"We should all play our part in order to avoid load shedding".

He said the government remained committed to increase renewable electricity use and to fulfill its Green Economy Accord.

The Government target is one million solar geysers by 2014-2015.
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
15 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Zuma: Pray for peaceful polls

President Jacob Zuma has asked members of the Universal Church of the Kingdom of God to pray for peaceful elections on 7 May.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

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