Loading...
See More

Decision day for Eskom tariff hikes

Feb 28 2013 07:37 Sapa
eskom

Electricity pylons in Beaufort West. Nersa is holding public hearings on Eskom's proposed revenue price determination. (Picture: Chris Kirchhoff/MCSA)

Related Articles

D-day for Eskom electricity hike

Don't grant Eskom hike, urges union

Numsa, Manuel: Eskom hikes 'unacceptable'

Union: Eskom increase inevitable

Eskom hike will drive away business

Eskom: Power supply extremely tight

 

Johannesburg - The National Energy Regulator of SA (Nersa) will on Thursday announce its decision on Eskom's proposed electricity tariff hike. 

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.

 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

nersa  |  eskom  |  electricity tariffs
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
19 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

New forms of digital technology are changing the very ways in which entrepreneurs run their businesses.
 
 

6 life hacks you simply have to know

A few simple tricks can make your life so much easier!

 
 

For chic geeks...

Device lets disabled people talk through their nose
It’s THIS easy for someone to steal your ATM pin!
This is why you should install iOS 8
17 photo illusions that look so real

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...