Eskom’s price increases for the 2024/25 financial year kick in on 1 April 2024.
Eskom is set to hike its electricity tariffs on 1 April 2024, and South Africans will see their monthly electricity bill increase significantly, with residential Homepower rates increasing by approximately 12.7% across the board.for the 2024/25 financial year in January 2023.
“Its coal burn rate is increasing, and yet we have a declining output from those plants,” said Nersa member Nhanhla Gumede. The price hike announcements received backlash, with the Democratic Alliance asking the High Court to intervene and stop the price hike.for many of South Africa’s residents.The South African Local Government Association was also involved in the legal challenge.after it found in favour of Nersa.
Our calculations were based on households that use an average of 600kWh, 900kWh, 1,200kWh, and 1,5000kWh of electricity per month.
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