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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)

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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.

 

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nersa  |  eskom  |  electricity tariffs
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