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Adjusting budget for load-shedding damages

Adjusting budget for load-shedding damages
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Electricity shocker in new budget | George Herald

Electricity shocker in new budget It is important to keep in mind that the municipality, too, needs electricity for its own use in buildings, for streetlights and pump stations. This amounts to about R50-million, which is 8,2% of what they purchase from Eskom. Journalist Thursday, 03 June 2021, 13:30 George Mayor Leon van Wyk: The 14,59% increase in the electricity tariff is the direct result of Eskom s 17,8% increase to the municipality s bulk purchases. GEORGE NEWS - The hefty 14,59% tariff increase in electricity is certainly the most talked about segment of the new budget (2021/2022), approved last week by Council. The steep increase in the electricity tariff is the direct result of Eskom s 17,8% increase to the municipality s bulk purchases, said Mayor Leon van Wyk. 

Electricity tariff in draft budget leaves a cold breeze

Mayor Leon van Wyk Update GEORGE NEWS - The drafting of the new budget for the 2021/2022 financial year was no easy task. Add the additional impact of Covid-19, as well as Eskom s tariff increase of 17,8% for the purchase of bulk electricity, and you have a real number cruncher on hand. Mayor Leon van Wyk said what made the drafting of the budget extremely difficult is the fact that George is in dire need of upgrading, refurbishing and the provision of additional infrastructure for wastewater and water.  The plan is to position George in such a way that it is geared for the expected economic growth.

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