The DA says the electricity pricing crisis in South Africa needs to be escalated to parliament before households become trapped in a deeper affordability crisis.
The Democratic Alliance says it wants to take the fight against planned double-digit price hikes over the next two years to parliament and open a national debate on the rising cost of electricity in South Africa.
Notably, these increases do not include the additional amounts that energy regulator Nersa will allow the utility to ‘claw back’ from the Regulatory Clearing Account .would be allowed to recover over R8 billion through the RCA from the 2021/22 financial yearMileham said this would translate to a 4% tariff hike on top of the possible 36.15% application for 2025.
“According to the South Africa Reserve Bank, between 2007 and 2022, the average Eskom tariff increased by 450% while inflation increased by only 129% over the same period. What this means is that electricity tariffs have quadrupled in real money terms in 14 years,” he said. In late July, Minister of Energy and Electricity Kgosientsho Ramokgopa said that electricity tariffs are increasing exponentially, and people can no longer afford electricity.
“So as we speak now, it’s an affordability question; over a period of time, if you don’t address it, it’s a national security problem. Because people are ‘not going to just fold their arms’.”
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