By: Natasha Archary

City Power owes Eskom over R1 billion, leaving the state-owned entity with no option but to approach the High Court.
In a statement, Eskom says City Power started defaulting on payments from October 2023 and no payment was received for March 2024.
Eskom has denied City Power’s claims of unresolved disputes regarding potential overbilling that dates back to 2021, and says regardless of a dispute, municipalities are still liable to pay.
“The escalating City Power debt, which is currently at R1,073 billion as of 31 March 2024 has left Eskom with no choice but to apply to the High Court in Johannesburg for declaratory order to force City Power to pay what is due to Eskom.
The case has been enrolled for hearing on 04 June 2024. The power utility started to default on its payments from October 2023 and no payment was received for the March 2024 invoice.
The debt owed by City Power has reached unprecedented levels, exacerbating Eskom’s already strained financial situation. This dire situation not only undermines Eskom’s financial sustainability but also threatens its ability to maintain essental infrastructure, invest in new technologies and meet the growing energy demands of the province.”
#EskomGauteng #MediaStatement
— Eskom Hld SOC Ltd (@Eskom_SA) May 6, 2024
City Power’s R1,073 billion debt forces Eskom to approach the High Court pic.twitter.com/szx2gvFDBu
City Power is a company wholly owned by the City of Johannesburg which purchases, distributes and sells electricity within the city coupled with maintaining and installing electrical infrastructure.
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