While delivering his speech to the full council on Thursday, Plato said that the City makes no profit from the sale of electricity.
“There is also a lot of misunderstanding around the fixed service charge on the home user tariff.
"This is a monthly service charge aimed at recovering the cost of maintaining the service connection. All users, regardless of how much or how little electricity they use, require a stable and well-maintained service connection.
"It is payable by all property owners whose residential properties are valued above R1million,” Plato said.