Orrin Singh27 August 2024 | 4:39

Illegal connections cost Eskom R5 billion in 23/24 financial year, says group exec Bala

Addressing the media on Monday during their summer rollout plan, Eskom group executive for distribution, Monde Bala, painted a bleak picture of their financial losses due to illegal connections.

Illegal connections cost Eskom R5 billion in 23/24 financial year, says group exec Bala

FILE: Illegal electricity connection. Picture: Christa Eybers/EWN

JOHANNESBURG - Eskom continues to lose billions of rands to illegal connections. 

And while the power utility has been successful in putting a stop to load shedding for the past four months, it continues to bleed as a result of the theft of infrastructure and illegal connections. 

Addressing the media on Monday during their summer rollout plan, Eskom group executive for distribution, Monde Bala, painted a bleak picture of their financial losses due to illegal connections. 

"We have reported an amount of R5 billion as of the financial year 2023/24 - that’s the cost of electricity theft that we have reported."