The National Energy Regulator of South Africa has approved a controversial 12. 74% electricity price hike, prompting strong objections from political parties and civil society.
The National Energy Regulator of South Africa has approved a 12.74% tariff increase for Eskom . File Picture: Antoine de Ras / Independent NewspapersOpposition political parties including the GOOD Party, the DA, and civil society movements have objected to the 12.74% tariff increase, announced by the National Energy Regulator of South Africa .
“It is GOOD’s view that end users are the ones who are paying for Eskom’s years of mismanagement,” the party declared. “Effectively this is an increase of 16.7%. This increase afforded to Eskom is three times the national inflation rate and will put massive additional pressure on the prices of goods and services across the spectrum.
NERSA chairperson Thembani Bukula announced that the energy regulator also approved increases of 5.36% and 6.19% for Eskom’s 2026/27 and 2027/28 financial years.
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