Eskom

Over 200 SA municipalities owe Eskom a total R6 billion


A total of 281 South African municipalities owed Eskom a cumulative debt of R6 billion by the end of January.

This figure was announced by, the national utility’s CEO, Brian Molefe, who briefed Parliament’s Portfolio Committee on Public Enterprises on progress Eskom has made in its turnaround strategy and infrastructure build programme.

According to Molefe, The bulk of its debt is R4 billion was has lapsed over 90 days, R778 million is between 61 and 90 days old, R820 million is between 31 and 60 days old‚ and R423 million is between 15 and 30 days old, making up a total of R6.02 billion.

One hundred of the 281 municipalities owe more than R500 000, however, 56 had made a payment agreement, 11 municipalities are currently honouring their payment arrangements, while 45 had not made any arrangements or payments to date.

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Molefe did not mention names of any of the indebted municipalities but said that disconnection notices have been issued to those who have made or honoured payment agreements.

Last year, Eskom threatened to implement bulk electricity cuts to the municipalities after it was revealed that the 20 most indebted municipalities owed it R3 billion in total.

Molefe also reiterated his previous statement that Eskom would not be conducting any loadshedding until the end of winter, but also said that it was not completely out of the woods yet

[Source – The New Age]

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