Eskom is told at the top

Presenting his annual state of the nation address to Parliament, President Zuma said there was an ongoing concern from business and communities about high electricity costs.

“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.

Commenting in his speech to the nation that Eskom needs to find ways to slow price increases President Jacob Zuma said, “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.”

However to achieve sustainability, a pact would be required with all South Africans — including business, labour, municipalities, communities, and all customers and suppliers.

The President said, “We must save electricity. For the next two years, until the Medupi and Kusile power stations come into operation, the electricity system will be very tight.”

To increase energy capacity, government would continue searching for renewable energy sources, especially solar electricity and biofuels as the green economy accord with economic stakeholders was implemented.

But Zuma said that in the meanwhile, “everyone should play a part to avoid load shedding. To date we have installed more than 220,000 solar geysers nationwide.” The government target was one million solar geysers by 2014-2015, Zuma said.

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