Share

Eskom brings light to shocking maspalas' debt

accreditation
0:00
play article
Subscribers can listen to this article
Tshwane and Ekurhuleni municipalities spark concern with mounting debt. Photo by Gallo Images
Tshwane and Ekurhuleni municipalities spark concern with mounting debt. Photo by Gallo Images

ESKOM is concerned over Tshwane and Ekurhuleni electricity debt.

The power utility raised concerns about the rising debt by the City of Tshwane and the City of Ekurhuleni for bulk electricity supply.

Eskom said the escalating electricity debt owed by the municipalities in Gauteng poses a significant challenge to them.

The struggling power utility said the accumulating debt not only strains Eskom's financial stability but also threatens the reliability of electricity supply across the province.

“The impact on Eskom’s financial stability is exacerbated by the City of Tshwane’s accumulation of unpaid bills and Ekurhuleni Municipality’s late payments, and it affects the residents and businesses that rely on a stable power supply.

ALSO READ: Haibo! Court REJECTS King Misuzulu

“If left unaddressed, the situation could lead to service interruptions, hindering economic activities,” said the power utility.

Eskom said despite continuous efforts to address inconsistent and late payments, they noted that the debt, particularly that of Tshwane, continues to grow.

The power utility said the growing debt hampers Eskom's ability to invest in essential infrastructure, maintenance, and the development of sustainable energy solutions.

Eskom said Tshwane has outstanding bills amounting to R3,1 billion for August, September, and October 2023 with a total debt of R4,2 billion and a current account of R1,1 billion that is due on 28 December 2023.


“Ekurhuleni continues to settle its account late even after the payment terms were extended to 30 days. It currently has arrears of R146 million.

“All municipalities are urged to prioritise settling current accounts and outstanding electricity payments to Eskom,” said the power utility. 

Get the best in Soccer, News and Lifestyle content with SNL24 PLUS
For 14 free days, you can have access to the best from Soccer Laduma, KickOff, Daily Sun, TrueLove and Drum. Thereafter you will be billed R29 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Subscribe to SNL24 PLUS
heading
description
username
Show Comments ()
Voting Booth
Which team will win the English Premier League?
Please select an option Oops! Something went wrong, please try again later.
Results
Manchester City
56% - 201 votes
Liverpool
13% - 48 votes
Arsenal
31% - 113 votes
Vote
Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make dailysun.co.za even better!

Learn more
Do you have a story for the People’s Paper?

Click below to contact our news desk and share your story with SunLand!

Let's do it!