The City of Cape Town is taking things into its own hands as load shedding reaches severe levels.
The recent 18.65% electricity hike by the National Energy Regulator of South Africa has cemented Cape Town’s plans to move away from its reliance on Eskom for electricity.in electricity price for 2023, with another 12.74% hike in 2024 for the failing national power utility Eskom.
Cape Town mayor Geordin Hill-Lewis said the price hike was unfair, unaffordable, and unjust, adding that the city plans to reduce its reliance on Eskom’s unstable and increasingly unaffordable electricity by buying power on the open market.would get underway in February 2023 “The price of electricity has risen more than 500% over the past 16 years, far exceeding inflation over that time. As prices were hiked, supply became less reliable.”
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