Nersa releases revised electricity prices to help low-income households - SABC News

Low-income households may benefit from some relief from electricity price hikes. South Africa’s National Energy Regulatortariff for 2023/24. It includes a 10% increase for low-income households instead of the originally approved 18.5%.

This lowered hike will be paid for through a 29.53 increase in the affordability subsidy paid by large electricity consumers, which will result in their tariffs being hiked by 19.09% from the 1st of April. Head of Energy Secretariat, Sampson Mamphweli says this tariff increase is not good for the economy nonetheless.

“The tariff itself in general is going to affect prices elsewhere within the economy. So what happens is the cost of production of goods and services is going to rise and one that happens the businesses that are providing these goods and services then pass over that cost to the consumers.”

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Nersa sticks by 18.65% tariff increaseThe National Energy Regulator is sticking with its decision to allow Eskom to increase tariffs by 18.65 percent. Bayanya this one’s Trouble is that we have all these regulators that would provide fantastic oversight if they were not the compliant ones appointed by the Government. In our Cities it will mean 20+% after the hungry cities add markup. A middle finger that voters should take with them to the ballot Since protesting and shutting the country down is looked down upon and not acceptable we might as well suck it up and pay up lmao 🤣. I can’t do anything but laugh because there’s clearly nothing we can do crying is not going to change anything so let’s lol together
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