In addition, MMC for utility services Abel Tau said the municipality has covered ground towards the replacement of the almost 13 000 meters that had already been installed as part of the deal.
The replacement of the meters comes after AfriBusiness succeeded in having the Peu irregular smart meter contract set aside in the Gauteng High Court, Pretoria.
But Tau said the reduction of daily payments to Peu was the essence of what the City wanted residents to know about.
“We have made a decision that would save the City a huge amount of money to ensure that we can take those savings and redirect them to service delivery,” he said....
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