{"id":95755,"date":"2015-08-16T00:08:46","date_gmt":"2015-08-15T22:08:46","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=95755"},"modified":"2015-08-14T21:12:18","modified_gmt":"2015-08-14T19:12:18","slug":"how-we-use-electricity-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/95755\/how-we-use-electricity-in-south-africa\/","title":{"rendered":"How we use electricity in South Africa"},"content":{"rendered":"

While Eskom published better than expected financial results for the year ended March 2015, it’s power delivery remains under strain.<\/p>\n

Load shedding is set to continue for the next 18 months, public enterprises minister Lynne Brown recently said, as Eskom, which supplies approximately 95% of the country’s power, continues to battle a number of issues most notably generation performance.<\/p>\n

On Tuesday (11 August), the group reported that annual profits declined by as much as 50%.<\/p>\n

The power utility said that net profit after tax for the year ended March 2015, was R3.6 billion \u2013 down from a 2014 total of R7.1 billion.<\/p>\n

Revenue for the year however, improved to R147.7 billion, from R138.3 billion in 2014.<\/p>\n

Electricity sales declined to 216.3GWh, from 225GWh in March 2012, due to shrinking demand from industrial users and mining companies.<\/p>\n

Load shedding led to sales of 548 GWh being foregone, the company said.<\/p>\n

In its presentation, Eskom highlighted electricity volumes by customer type, while also revealing its primary energy cost breakdown.<\/p>\n

\"Electricity<\/a>Moneyweb<\/a> noted that Eskom forked out R83.4 billion, 19% more than in 2014, for primary energy in the year ended March 31 2015.<\/p>\n

Eskom\u2019s diesel bill for fueling its open-cycle gas turbines decreased from R10.5 billion in the previous year to R9.5 billion.<\/p>\n

\"Energy<\/a><\/p>\n

More on Eskom<\/h3>\n

Eskom makes a large profit<\/a><\/strong><\/p>\n

R550,000 for every Eskom employee<\/a><\/strong><\/p>\n

Eskom irregular expenditure hits R712 million<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

While Eskom published better than expected financial results for the year ended March 2015, it’s power delivery remains under strain.<\/p>\n","protected":false},"author":10,"featured_media":75316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[1164,26],"class_list":["post-95755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eskom","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/95755","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=95755"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/95755\/revisions"}],"predecessor-version":[{"id":95851,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/95755\/revisions\/95851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/75316"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=95755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=95755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=95755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}