Cash-strapped consumers will feel the pinch even more now that the cost of electricity has increased.
The price of electricity increased yesterday, following Eskom’s implementation of its new electricity tariff of between 12.72% and 12.74%.The increases are as follows: Eskom direct customers: April 1 – March 31, 2025: Affordability subsidy charge: 25.24%
“The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge. The affordability subsidy charge is raised as a subsidy to the Homelight 20A tariff and is determined by Nersa,” the power utility said in a statement. “This charge exists due to historically lower Homelight 20A tariff increases and is paid by the non-municipal large industrial and urban tariffs.
“There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to Nersa for implementation in 2025/26,” said Eskom.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eskom’s 2024/25 tariff adjustments approved by NERSATariff adjustments approved for Eskom's direct customers from 1 April and for municipal customers from 1 July.
Read more »
Eskom Electricity Prices Set To Increase Next Week Following Nersa ApprovalEskom will be charging more for electricity from next week on Monday. This after the Energy Regulator (Nersa) approved the electricity tariff increases from April.
Read more »
Eskom ‘in deep trouble’ amid plans to hit consumers with above 30% tariff increaseEskom chair Mteto Nyati said Eskom was on track to experience another loss exceeding R20 billion
Read more »
Ramokgopa confident Eskom cash injection will pay offElectricty Minister Kgosientsho Ramokgopa says National Treasury's funding of almost R80 million to Eskom will allow the entity to make progress on its various maintenance projects.
Read more »
IPP contracts amended to sell to transmission companyNersa approvals brings unbundling closer.
Read more »
R7.8 billion solar investment will generate 604MWSolar power facilities in the North West attracted the most investment according to Nersa's data.
Read more »