Utilities World News Today

Load-shedding left a hole in the group’s prepaid and starter packs revenue over the last financial year, trimming its earnings by R30 million.

Eskom recently announced that they will be starting a National roll-out to update the 6.6 million prepaid electricity meters under their control before the meters become non-operational on 24 November 2024. This is 10 years after the utility knew the project was required.

A handful of municipalities have completed an update required to prevent all their prepaid electricity meters from becoming non-functional next year. Most authorities though, including Eskom, haven’t or have hardly started the process.

An opportunity for authorities in South Africa to recover electricity revenue and avoid a potential disaster next year is ebbing away.