City Power has recovered more than R1 billion through its Financial Sustainability Programme, marking significant progress toward its R2.9 billion revenue target set for June 2026.
The recovery follows the rollout of the utility’s Gross Margin Turnaround Project, which focuses on correcting billing errors, auditing 44,000 meters, addressing illegal connections and aligning tariffs. The intervention comes after City Power took over billing responsibilities from the City of Johannesburg in July 2025.
Approximately 40% of the enhanced revenue resulted from manual billing adjustments after identifying system discrepancies and unbilled consumption.
The utility has also intensified its crackdown on electricity theft, warning that illegal reconnections and meter tampering will face enforcement action.
City Power says it remains on track to reach its R2.9 billion target before the end of the financial year.
