• Move ahead with restructuring and unbundling Eskom, especially Eskom Generation.

• Sell off non-core assets and some core generation assets to repay debt. 

• Reduce the staff head count and remuneration and improve efficiency and productivity.

• Improve procurement to reduce waste and cut corruption and maladministration.

• Take on non-government shareholders to recapitalise the entities with non-government equity to help pay back debt.

• Sell off core loss-making distribution assets, for example, in Soweto and other poorly performing areas, to those who can do things          better, to reduce losses and raise money to pay debt.

• Replace poorly performing plants with least-cost new plants (wind and solar energy, and flexible generation capacity).

• Reduce electricity theft and non-payment.

• Improve revenue collection and reduce arrears debt, particularly from municipalities. 

• Reduce cable theft and vandalism through better asset protection.

• Implement more effective maintenance.

• Ring-fence the carbon tax and electricity levy on coal-generated electricity paid by Eskom to government and use this towards                    improving energy efficiency and off-grid electricity.

• Use the electrification grants to Eskom and municipalities to provide off-grid electricity to households. 

• List the unbundled entities on the JSE to take on non-government shareholders, raise capital and reduce debt.

Read our full statement on the Nersa granted price increase here.