{"id":91520,"date":"2015-06-24T16:15:19","date_gmt":"2015-06-24T14:15:19","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=91520"},"modified":"2015-06-24T16:15:19","modified_gmt":"2015-06-24T14:15:19","slug":"if-i-acted-like-eskom-i-would-lose-my-business-ceo","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/91520\/if-i-acted-like-eskom-i-would-lose-my-business-ceo\/","title":{"rendered":"If I acted like Eskom I would lose my business: CEO"},"content":{"rendered":"<p>South Africans are capable of coping with planned load shedding, but they will not be able to afford higher electricity tariffs, a business owner said on Wednesday.<\/p>\n<p>&#8220;Eskom has made its bed and must lie in it. We can&#8217;t just bail Eskom out all the time,&#8221; Angus Macmillan, who runs corporate communication company Macmillan Communications told a National Energy Regulator of SA public hearing in Johannesburg on Eskom&#8217;s application for a further hike in tariff prices.<\/p>\n<p>&#8220;Imposed planned load shedding? Sure, we can handle that. But don&#8217;t hike tariffs beyond affordability. It will do more harm than good to South Africa and its citizens.&#8221;<\/p>\n<p>He said Eskom&#8217;s request for a 25.3% tariff increase should not be granted.<\/p>\n<p>&#8220;Its request for this massive increase amounts to extortion from a monopolistic organisation which is trying to make its customers pay for its and its solitary shareholder&#8217;s lack of planning, foresight and power station maintenance,&#8221; he said.<\/p>\n<p>&#8220;The 12.6% it has already received for 2015\/16 is twice the rate of inflation and is already much higher than the 8% that was originally granted for the 2015\/16 year.<\/p>\n<p>&#8220;Just because Eskom is struggling to fund its new power stations and to keep its old ones going doesn&#8217;t mean it can ask for and receive double digit tariff increases.&#8221;<\/p>\n<p>He said Eskom and its shareholder had to take responsibility for their actions or &#8220;lack of action over the past 10 to 20 years&#8221;.<\/p>\n<p>&#8220;Eskom, the government and the economy have to make sacrifices as a result of the power supply crunch. It cannot simply be solved by cranking up tariffs,&#8221; Macmillan argued.<\/p>\n<p>&#8220;Planned power outages, if they are well communicated, should be continued until Eskom has fully commissioned Medupi and Kusile and more renewable energy projects come on stream.&#8221;<\/p>\n<p>He said he, as a small business owner, asked for and received a 6% increase for his services from his clients for this year.<\/p>\n<p>&#8220;Could I ask for and expect to receive 12.6% increase? You have got to be kidding,&#8221; Macmillan said.<\/p>\n<p>&#8220;Could I plead all sorts of reasons why I need a 25.3% increase? I would lose all of my clients and I would have to close my business.&#8221;<\/p>\n<p>Source: <a href=\"http:\/\/www.fin24.com\/Economy\/Eskom\/Eskoms-tariff-hike-request-amounts-to-extortion-SME-owner-20150624\" target=\"_blank\">News24Wire<\/a><\/p>\n<h3 class=\"my-4\">More on Eskom<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/91368\/eskom-asks-for-reduced-tariff-increase\/\">Eskom asks for reduced tariff increase<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/91216\/eskoms-shocking-annual-price-hike-since-2007\/\" target=\"_blank\">Eskom\u2019s shocking annual price hike since 2007<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/90904\/eskoms-sums-dont-add-up-energy-expert\/\">Eskom\u2019s sums don\u2019t add up: energy expert<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/90894\/higher-tariffs-or-power-cuts-you-choose-eskom\/\">Higher tariffs or power cuts \u2013 you choose: Eskom<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africans are capable of coping with planned load shedding, but they will not be able to afford higher electricity tariffs, a small business owner said on Wednesday.<\/p>\n","protected":false},"author":35,"featured_media":79265,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[1164,26,10040],"class_list":["post-91520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eskom","tag-headline","tag-macmillan-communications"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/91520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=91520"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/91520\/revisions"}],"predecessor-version":[{"id":91540,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/91520\/revisions\/91540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/79265"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=91520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=91520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=91520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}