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

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In 2006 South Africa had the lowest industrial electricity tariffs in the<br />

world (IEA). And despite a 78% increase in real electricity prices<br />

between 2008 and 2011, a recent survey reveals that South Africa<br />

(compared to 15 developed countries) still had <strong>on</strong>e <str<strong>on</strong>g>of</str<strong>on</strong>g> the lowest<br />

average electricity tariffs<br />

13<br />

US$/KWh<br />

US$/kWh<br />

0.3<br />

0.2<br />

0.2<br />

0.1<br />

0.1<br />

0.0<br />

0.25<br />

0.2<br />

0.15<br />

0.1<br />

0.05<br />

0<br />

Italy<br />

Germany<br />

Spain<br />

Belgium<br />

<str<strong>on</strong>g>Electricity</str<strong>on</strong>g> tariff for industrial c<strong>on</strong>sumers, 2006<br />

Source: (Internati<strong>on</strong>al Energy Agency, 2010) . Data for Netherlands, Luxembourg, Finland and Chile was not available for 2006<br />

Source: NUS C<strong>on</strong>sulting, 2011<br />

Average electricity price comparis<strong>on</strong>, 2011<br />

United<br />

Kingdom<br />

Austria<br />

Netherlands<br />

Portugal<br />

Finland<br />

Sweden<br />

Poland<br />

Australia<br />

France<br />

United States<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 />

South Africa<br />

Canada<br />

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

1

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