Eishkom hike is going to hurt – a lot

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It’s time to adopt the brace position, as economists warn that the electricity tariff increase approved on Thursday will break a few backs. The National Energy Regulator of SA announced SA’s new electricity tariffs, and the price of power will rise by 13.8% for 2019/20. For more on this story, please visit Times Select.

Nersa has announced that South Africans will cough up 9.41% more for electricity.It’s time to adopt the brace position, as economists warn that the electricity tariff increase approved on Thursday will break a few backs.

The National Energy Regulator of SA announced SA’s new electricity tariffs, and the price of power will rise by 13.8% for 2019/20.

 

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