The National Energy Regulator is yet to decide on tariff increases for the coming financial years with Eskom reportedly trying to hike prices by over 30%.
Image: Eskom TwitterEnergy expert, Professor Mark Swilling, says without financial intervention from government, Eskom has no choice but to propose electricity tariff hikes.
The National Energy Regulator is yet to decide on Eskom’s tariff increases for the coming financial years with the power utility reportedly trying to hike prices by over 30 %.“It’s like a perfect storm increasing load shedding and rising costs. From Eskom’s point of view, as a business, government has not yet come to the party to take over the debt or a portion of the R400 billion outstanding debt which Eskom cannot service. There is declining maintenance, so the energy available is dropping.
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