Massive electricity price hike on the cards for South Africa this week

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Eskom has applied for a 32% hike in electricity prices – energy regulator Nersa will make a decision this week.

, the group indicated that it was on track for a massive R20.1 billion loss in 2023 – not taking into account a hike in tariffs.

The group will also be looking for room to spend more on diesel in 2023 after it blew past its budgeted R7 billion allowance last year, trying to keep the lights on. Nersa said that using OCGTs as an intervention is being relied on too frequently by Eskom, but it was cognisant of the fact that this is the lesser of two evils – and that the economic impact of losing the support of the turbines could be worse than raising the cap on what Eskom can spend to keep them going.

 

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Lona 🤣🤣🤣 which electricity

Price hike amidst loadshedding

As if a price hike will in any way help fix the real problem which is disgustingly greedy cadres.

Njani when we don’t the electricity to use…

Ai lokshin bioskop straight 😂😂😳

What a joke my darling.

😭💀😂

Haibo njani

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Hebethuna..ninyusa umbane ophi? 😭😭😭😭

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