On the Real Exchange Rate Effects of Higher Electricity Prices in South Africa



TABLES AND FIGURES

Table 1: Retail electricity prices: International comparisons, 2004

Upper-income countries                         Developing countries

Electricity

Electricity

Electricity

Electricity

Australia

for
industry

US$/kWh
0.36

for
household
s
US$/kWh
0.06

Czech

for industry

US$/kWh
0.06

for
households

US$/kWh
0.09

Belgium

-

-

Republic
Greece

0.06

0.11

France

0.05

0.14

Hungary

0.09

0.13

Germany

0.05

0.14

India

-

0.04

Italy

0.15

0.20

Korea

0.05

0.07

Japan

0.12

0.17

Mexico

0.06

0.10

Netherlands

-

0.22

Poland

0.06

0.10

New Zealand

0.05

0.12

Slovak

0.08

0.12

Spain

0.05

0.11

Republic

South Africa

0.01

0.03

United

0.06

0.13

Taipei

0.05

0.07

Kingdom

United States

0.05

0.08

Turkey

0.09

0.10

Average

0.10

0.14

Average

0.06

0.09

Source: International Environmental Agency (2004).

Table 2: Overview of electricity prices & sales in South Africa, 1992-2004

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

Electricity consumption in GWh

Manufacturing

42,122

43,681

43,014

47,481

55,073

61,070

72,663

70,796

70,665

74,778

83,581

78,796

101,556

Mining

33,962

32,026

32,668

33,176

34,831

30,390

29,204

28,877

29,038

31,691

32,204

30,793

32,828

Transport

4,629

4,017

4,389

4,297

4,274

4,563

4,639

4,429

5,411

5,562

6,246

5,565

6,302

Agriculture

4,038

3,108

4,880

5,301

5,103

5,640

5,627

5,755

3,954

4,175

4,644

5,142

6,158

Commerce

17,484

13,586

14,058

17,307

19,768

22,170

13,974

17,709

17,164

18,301

18,227

21,071

24,990

Residential

24,253

21,542

22,115

24,369

29,552

30,722

30,163

29,511

28,680

34,623

30,418

34,074

36,231

Total

126,488

117,960

121,124

131,931

148,601

154,555

156,270

157,077

154,912

169,130

175,320

175,441

208,065

Eskom revenue in c.kWh

Manufacturing

8.17

8.35

8.91

10.4

10.1

10.78

11.02

10.56

11.94

11.56

12.88

14.16

13.97

Mining

8.79

9.52

10.11

10.62

11.02

11.66

12.22

12.61

12.91

13.35

14.14

15.07

15.36

Transport

12.44

13.7

14.31

14.65

15.31

15.04

14.9

15.19

15.35

15.69

17.15

18.98

19.37

Agriculture

17.14

19.84

21.13

21.99

23.39

24.66

26.42

26.58

28.88

26.85

26.47

29.14

30.83

Commerce

15.57

16.46

17.43

18.65

19.49

20.23

18.85

22.27

22.64

17.95

19.51

20.62

21.88

Residential

15.27

12.68

16.76

18.15

19.45

21.33

22.74

25.36

27.7

30.9

33.43

36.58

38.7

Average

9.16

10.14

10.26

11.15

11.3

11.95

12.29

12.44

13.23

13.76

14.98

16.05

16.04

Sources: DME (2006); DME (2005).

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