Wednesday, August 3, 2016

Eskom in the Wrong. David Lipschitz Letter to the Cape Times published Mon 1 Aug 2016

R7,200,000,000 per annum

The amount that the treasury makes every year as a result of the Feed-in Tariff levy paid by every electricity customer in South Africa.

The R7.2 billion is based on 3c/kWh levy based on 240 TWh (terawatt-hours) sold by Eskom.

It is the treasury that pays for electricity from Independent Power Producers (IPPs), not Eskom! Eskom have no right to deny paying IPP’s.

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