Power utility Eskom has announced that it is now looking to reduce the cost of electricity while maintaining a reliable supply Power utility Eskomhas announced that it is now looking to reduce the cost of electricity while maintaining a reliable supply as the system stabilises despite challenges from ageing power stations. IOL previously reported thatMinister of Electricity and Energy Kgosientsho Ramokgopahas conceded that rising electricity prices are placing a heavy burden on households and businesses across the country. Ramokgopa also said that the government was taking a range of measures to address rising electricity costs and energy poverty.
Minister of Electricity and Energy Kgosientsho Ramokgopa has conceded that rising electricity prices are placing a heavy burden on households and businesses across the country. “The Department of Electricity and Energy acknowledges that the rising cost of electricity presents a serious challenge to households, businesses, and the broader economy,” he said earlier this month. Eskom Senior Manager Eric Shunmugamsaid that after years of severe breakdowns and widespread load shedding, the utility has made major strides in stabilising the power system.
He added that while the system is now stable, Eskom’s focus is on addressing costs to produce electricity more cheaply, while continuing to ensure a reliable supply from ageing power stations with older technology. “A winter two years ago, we were sitting with breakdowns to the tune of about 18 gigawatts. So we’ve recovered close to about 7,500 megawatts,” Shunmugam told broadcastereNCA.
