City Power makes u-turn on electricity tariffs increase again

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City Power makes u-turn on electricity tariffs increase again
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The changes come as the City of Joburg managed to pass its budget on Thursday, just one day before the deadline given to it by the Gauteng government.

Given the pushback over the past two years, it is unclear how City Power will ever be able to ensure parity between prepaid and postpaid rates over the medium-term.

The city had planned, after this year’s now failed attempt, to implement two further charges added for prepaid customers in 2021 and 2022. This means the effective cross-subsidisation will not hold for much longer. Base tariffs will have to keep increasing to ensure balanced budgets.

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