City Power’s R6.7bn capex plan prioritises network stability, smart meters

Polity.org.za 20 June 2013.

Johannesburg’s electricity utility City Power has confirmed that it will invest R6.7-billion over the coming three years in a bid to improve network stability, roll-out of smart meters and electrify areas that remain unconnected.

It was confirmed in May that City Power, which has been criticised for service disruptions, poor maintenance systems and under investing in the network, would also receive an operating allocation of R13.2-billion for the three-year period.

MD Sicelo Xulu said in a statement that network stability was a priority and that R188-million would be spent on upgrading overhead power lines over the period, with R80-million earmarked for 2013/14…

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