Soweto owes more for electricity than the rest of the country put together with arrears at R2.6 billion.
Stephen Grootes comments on the dramatic decisions the parastatal will need to make.
Speculation is mounting that some Cabinet ministers may be considering selling parts of Eskom to raise money.
The power utility is expected to hike electricity tariffs by between two and five percent next year.
The energy regulator has given Eskom the go ahead to adjust rates above the 8% already granted.
A cash injection or loan guarantee could ease the cash-strapped power utility’s problems.