Share

Energy regulator says Mashaba statement on tariffs 'misleading'

The National Energy Regulator of South Africa on Wednesday criticised Johannesburg Mayor Herman Mashaba for what it said was a "misleading and mischievous" statement about tariff hikes.

On Tuesday Mashaba, in a statement, had said that the regulator was "rewarding corruption at Eskom" by telling municipalities to impose a 15.63% tariff increase.

Mashaba said he would write to the SA Human Rights Commission to urgently investigate the decision.

On Wednesday the energy regulator said no tariff increases had been approved for any municipality for the 2019/20 financial year. "Municipalities are yet to submit applications to Nersa for a tariff they need to charge their customers," Nersa said. 

In March the energy regulator granted power utility Eskom a 9.41% tariff hike in March for the 2019/20 year, and increases of 8.1% and 5.2% for the following two years. This was below what Eskom had asked for. 

Including the 4.4% increase previously approved, the hike will total 13.81% for 2019/20, but municipalities will generally charge above this rate to cover costs. 

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.06
-0.8%
Rand - Pound
24.04
-0.6%
Rand - Euro
20.55
-0.4%
Rand - Aus dollar
12.37
-0.2%
Rand - Yen
0.13
-0.8%
Platinum
901.20
+0.5%
Palladium
997.97
-0.4%
Gold
2,200.01
+0.2%
Silver
24.52
-0.5%
Brent Crude
86.09
-0.2%
Top 40
68,001
+0.5%
All Share
74,204
+0.4%
Resource 10
56,476
+1.5%
Industrial 25
103,644
+0.4%
Financial 15
16,491
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders