Energy regulator Nersa has clarified the widely reported double-digit price hikes for electricity in South Africa next year.
The National Energy Regulator of South Africa has issued a statement clarifying reports that Eskom would be applying for a 36% hike in electricity tariffs in 2025, saying that no official applications have been made.
“Once the final application has been submitted, Nersa will consider the application, and diligently adhere to Nersa’s regulatory processes. “by Daily Maverick in June, showed that Eskom would be seeking massive tariff hikes over the next three financial years:These tariffs would reportedly apply to Eskom direct customers, with customers powered by local municipalities facing even higher rates hikes.
Another R23 billion could be due in 2026 from the 2023/24 RCA, meaning even higher hikes in the medium term. This week, energy minister Kgosientsho Ramokgopa again flagged the growing struggle for households in South Africa to afford electricity, saying his department was working with the South African Local Government Association to find a way to address it.
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