City of Joburg pays R4.3 billion towards Eskom electricity debt
The City of Johannesburg/City Power remains obligated to honour the court-ordered settlement arrangement and to pay all current electricity accounts by their due dates.
The power utility said at the time that the city and City Power owed Eskom a debt of R5 255 421 994, excluding the current account of a further R1 582 093 993, which was due on 5 June 2026.“As a result of CoJ/CP’s continued failure to honour its Electricity Supply Agreement with Eskom, including repeated defaults, Eskom has been forced to issue a notice of its intention to reduce, interrupt and/or terminate the supply of electricity to certain bulk supply points against the City of Johannesburg and City Power,” said Eskom at the time.
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