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The Economic Impact of Electricity Price Increases on ... - Eskom

The Economic Impact of Electricity Price Increases on ... - Eskom

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For much <str<strong>on</strong>g>of</str<strong>on</strong>g> the past three decades, electricity prices in South Africa<br />

have been low and declining (in real terms). In 2008 the trend in prices<br />

took a dramatic turn when in resp<strong>on</strong>se to critical supply shortages,<br />

<strong>Eskom</strong> embarks <strong>on</strong> a massive build programme<br />

Source: Deloitte Analysis, <strong>Eskom</strong> data and 2011 annual report<br />

Trend in average electricity prices realised by <strong>Eskom</strong> per kWh<br />

<str<strong>on</strong>g>Electricity</str<strong>on</strong>g> <str<strong>on</strong>g>Price</str<strong>on</strong>g>s<br />

in SA<br />

In an uncanny resemblance to the events and trend in prices in the late 1970s, real electricity prices rose by 78%<br />

between 2008 and 2011.<br />

©2012 Deloitte Touche Tohmatsu Limited. All rights reserved.<br />

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