Eskom says it needs “reasonable tariff increases” to address financial sustainability and liquidity challenges.
The DA said it would submit its objections to the proposed “rip-off” once Nersa opens public comments.
Mileham said consumers cannot be expected to subsidise Eskom’s unviable business model and the ANC’s decades-long failure to open up the energy market to independent power producers. “Nersa should reject Eskom’s exorbitant tariff application because its first obligation is towards consumers, not Eskom,” he said.
The additional state-owned utility will work alongside Eskom and apparently focus entirely on generating electricity and building more power stations. the country needs “baseload”, an apparent reference to burning coal.
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