Fresh from securing a 9.41% tariff increase in March, Eskom are now targeting municipalities with a 15.63% hike. The greed at Eskom has expanded yet again this week, after the City of Johannesburg confirmed that a 15.63% tariff hike is set to come into force. In an official statement, Mayor Herman Mashaba lambasts energy regulator..
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The cheek of it all, eh? – Major municipalities set for 15% hike in electricity tariffs
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Over indebt consumers will now have to fork out even more for electricity – Cash strapped Eskom applies for 15% tariff increase
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Eskom has asked the National Energy Regulator of SA (Nersa) for a 15% tariff increase for the next three years, beginning 2019-2020, the utility announced on Friday. While Nersa, which will hold public hearings and evaluate the application, seldom grants Eskom its full request, Eskom’s application indicates that double-digit electricity increases will very likely continue..
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Eskom tariff increase expected – Hmm for Molefe R11-million golden handshake?
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After the Constitutional Court’s ruling that Nersa can give Eskom approval for the increase in electricity prices, economists are worried that the power utility may increase the rate by as much as 20%. Eskom has an estimated R61 billion shortfall to surpass, but any significant increases will cause an already stumbling economy to come to..
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