During the presentation of the 2023/24 budget, City of Cape Town Mayor Geordin Hill-Lewis said while an increase in electricity tariffs for ratepayers can be expected, it remains slightly less than that of Eskom's approved hike:
City of Cape Town Mayor Geordin Hill-Lewis said that electricity tariffs for ratepayers would increase by 17.6%. A slightly more contained figure than that of Eskom’s increase.
However, he said that the current electricity hike was still lower than what people under Eskom would pay. ‘So those people who are on our lifeline tariff, which means they are our poor residents, people who are already struggling at the moment to make ends meet, they get a huge discount in electricity, up to 600 units. We’ve raised that limit to 600 units, which is quite a lot, it used to be 350 and now it’s 600.’
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