On Thursday, South Africa’s state-owned power utility, Eskom, said that it is currently installing prepaid meters in Sandton, Midrand and Soweto as well as Kagiso, with the objective being to enhance revenue to support the company’s financial sustainability efforts.
Plans for Johannesburg’s large urban settlement, Soweto, which has an estimated 180,000 customers, of which 80% are connected to a conventional billed metering system, include converting all users to split prepaid meters within the next 5 years.
The utility highlighted in a company statement that customers will reap additional benefits such as improved reliability, reduction of public safety incidents and better management of energy consumption.
The company added that the days of billing errors will be a thing of the past.
In 2013, Eskom embarked on a project of installing split prepaid meters in Soweto, which resulted in a ZAR33.63 million ($2 million) revenue improvement in Soweto. The improved revenue collection is owed to the installation of 40,000 split prepaid meters and having converted over 13,000 to prepaid mode….