A possible plan to assist South Africans install solar power amid an escalating energy crisis and rising electricity costs will be announced soon, according to President Cyril Ramaphosa. | News24_Business
"Government is considering additional mechanisms to address the rising cost of electricity. These include measures such as helping households and small businesses install solar power and energy-saving devices, supporting households with rechargeable lights, and working with learners to catch up where load shedding interrupts lessons," Ramaphosa said in his weekly newsletter on Monday.
This comes on the back of comments from newly elected ANC secretary-general Fikile Mbalula who, according to Bloomberg, said at the weekend that"an emergency package will be announced by government." In response, the power utility said that if Eskom did not recover money from consumers, the burden on the taxpayer would increase.The president said in his newsletter on Monday that it was important to"affirm the independence of Nersa and the importance of following the due legal process in setting tariffs".
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