Electricity pylons in Beaufort West. Nersa is holding public hearings on Eskom's proposed revenue price determination. (Picture: Chris Kirchhoff/MCSA)
Johannesburg - The National Energy Regulator of SA (Nersa)
will on Thursday announce its decision on Eskom's proposed electricity tariff
Eskom has asked for a 16% increase in electricity prices in
each of the next five years, which will more than double the price, taking it
from 61 cents a kilowatt hour in 2012/13, to 128c a kWh in 2017/18.
The parastatal has previously said it needs the increase to
cover the costs of supplying the electricity needed to power South Africa and
invest in infrastructure.
The proposed increase was met with criticism from political
parties, unions, civil society, businesses, and South Africans in general.
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