Anger over proposed 7.5% electricity price hike in South Africa

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Energy regulator Nersa has tabled its proposed electricity price hike for South Africa.

Energy regulator Nersa is proposing an average increase of 7.47% in municipal electricity tariffs from 1 July 2022.

Eskom had pushed for a 20.5% tariff increase for the 2023 financial year, warning that the hike is necessary for the continuation of its operations. “Due to the limited ability of municipalities to absorb costs and cushion consumers against electricity tariff increases, the costs will be passed on to the consumer. It is simply unacceptable for tariffs hikes to be imposed on consumers without any public hearings. A cloak-and-dagger operation, carried out without the input of those who would be most affected, is simply not right,” he said.

 

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