Eskom has asked the National Energy Regulator of South Africa (Nersa) for a 32.66% price hike, according to City Press. And, if the power utility is granted the exorbitant increase from Nersa, it will reportedly request an additional 10% increase the following year.
Eskom has asked the National Energy Regulator of South Africa for a 32.66% price hike, thereports. And, if the power utility is granted the exorbitant increase from Nersa, it will reportedly request an additional 10% increase the following year.
Independent economist Elize Kruger said tariff hikes of this nature will be detrimental to the economy. President Cyril Ramaphosa said on Saturday that the government and Eskom’s primary focus is to put megawatts on the grid to mitigate the current rolling blackouts the country is experiencing. The president, who was taken on a guided tour of the Tutuka Power Station led by Station General Manager Sello Mametja, was briefed on a number of challenges affecting performance at the plant and the actions being taken to address them.
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