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



Figure 1: Average announced and effective Eskom price increases

Average and effective Eskom price increase


□ Announced nominal price increase □ Effective price increase

Source: Eskom yearbook (various editions).

Note: No data were available for the effective price increase in 2004. In 2005, the effective price
increase was actually negative.

Figure 2: Sectoral electricity consumption in South Africa: Eskom sales, 1994-2004

Sectoral electricity consumption

GWh



□ Residential

□ Commerce

□ Agric

□ Transport

□ Industry

Source: DME (2006).

15



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