Wednesday, 15 April 2015 17:04

Eskom to move to stage 3 load shedding

Eskom will move from stage 2 to stage 3 load-shedding at 4pm today.

Horizon Capital has recently completed an office block in Century city that is designed to be Eskom-proof.

Redefine contemplates another attempt for Fountainhead assets

Eskom will implement stage 2 load-shedding as of 4pm this afternoon, said the utility on Wednesday.

Given the threat of both an energy and water crisis, President Jacob Zuma has encouraged the private sector to “go green”, with government now looking to increase the energy efficiency incentives on offer. 

Eskom has confirmed that a price increase will be implemented on 1 April 2015.

Greater energy efficiency is now crucial for both business and ordinary citizens, the Green Building Council of South Africa warned in the face of further electricity hikes which have been proposed in the 2015 Budget.

City Power is set to implement a residential time-of-use tariff system that will allow the utility to price electricity at different rates during the day.

Eskom has today implemented stage two load-shedding due to a shortage of generation capacity.

South Africa has just been braced by recent continuous load shedding episodes, which is costing businesses millions.

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