Many of us have an old chest freezer or our old fridge from when we bought our shiny new fridge for the kitchen. Now it has been banished to the garage to keep a few block of ice and keep our drinks cold, or just in case we need more cold beer. But how much… Read more »
Posts By: hbadmin
Following on from our article in March on the Eskom price increases and how you can at least delay your price rise, we thought it might make sense to give you a bit more warning about the municipality price rises in July. The headlines are – pretty much everyone is getting an 6-8% price rise.
If Eskom gets the 16% price rise it wants you’ll pay R20,000 more over the next 5 years. Why? “the power of compound interest is the most powerful force in the universe.” Albert Einstein Consumers are reeling from Eskom’s request for a reconsideration of the 8% cap on annual average tariff increases going forward. The… Read more »
Because 70% of South African homes are prepaid and everyone is an ‘inclining block tariff’ – i.e. you pay more as you buy more electricity – many South Africans really don’t understand what their electricity usage costs them. One day you spend R500 on electricity and get 560 units, another time you pay R500… Read more »