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Labrish
Nyuuz
ANC flags electricity costs despite Eskom gains
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[QUOTE="Munyaradzi Mafaro, post: 70526, member: 636"] South African governing party leadership has commended the state power utility for achieving stability in the electrical grid while emphasizing that elevated tariff rates require urgent attention to prevent hardship for consumers and industries. Officials from the African National Congress national executive committee cited electricity costs as undermining manufacturing competitiveness and hampering employment generation efforts during deliberations examining economic priorities and renewable energy transitions. Eskom reported its energy availability factor reached 70.75 percent while unplanned capacity losses declined to 9,115 megawatts compared with 11,257 megawatts during the equivalent period. The utility has maintained continuous service without interruptions for 182 consecutive days through infrastructure improvements and enhanced maintenance protocols. The party expressed concern that approved rate increases totaling 12.74 percent for direct customers complicate household budgets and industrial operations, potentially discouraging investment despite the company achieving profitability following eight years of losses. Leadership connected affordable electricity access with broader objectives, including infrastructure development and small business support, to address unemployment affecting over 8 million residents. [/QUOTE]
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Nyuuz
ANC flags electricity costs despite Eskom gains
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