Solar surge leaves Eskom chasing billions in lost revenue
Eskom is losing more than R50 billion a year in revenue because off-grid solar power installations – many rooftop systems in suburban areas – now account for 20% of the country’s total installed electricity generation capacity.
However, with the release of the government’s Revised Electricity Pricing Policy scheduled for release tomorrow for public comment, questions will be asked about how Eskom intends to recoup to R50 billion lost to solar.
South Africa's solar boom is cutting into Eskom revenue as households and businesses turn to self-generation amid high electricity costs.
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