Another electricity price hike to hit South Africa from July

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Another electricity price hike to hit South Africa from July
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Energy regulator Nersa’s proposal to increase municipal electricity tariffs in July 2022 will put many South Africans over the edge, says Neil Roets, chief executive of Debt Rescue.

Energy regulator Nersa’s proposal to increase municipal electricity tariffs by another 7.47% in July 2022 will put many South Africans over the edge, says Neil Roets, chief executive of Debt Rescue.

“The reality is that consumers have been wrestling with constant electricity price increases over the past year – with no end in sight. Roets said these increases impact South Africans from all walks of life and show no signs of slowing down. Roets said these steady increases are a particularly bitter pill as the country faces continuous bouts of load shedding.

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