Nersa grants Eskom a 9.61% tariff hike
The National Energy Regulator of South Africa (Nersa) on Thursday granted Eskom a 9,61% electricity tariff hike.
The increase is for 2022/2023 financial year and is set to take effect from 1 April this year.
Last year, the North Gauteng High Court ordered Nersa to settle the tariffs by this month following public consultation with provinces.
Eskom wanted a 20,5% increase. Municipalities will also likely add a surcharge.
In response, the Democratic Alliance (DA) has welcomed Nersa’s decision to reject Eskom’s initial request.
The DA’s Kevin Mileham said: “The increase, while still high, is a long way off the 20.5% requested by Eskom. It will, however, still be ablow to South Africans already struggling under this skyrocketing cost of living.”
-EWN
In other news – Things you probably didn’t know about Riky Rick
Mzansi award-winning South African rapper and hip-hop artist Rikhado Muziwendlovu Makhado, popularly known as Riky Rick, passed away on the morning of Wednesday 23 February.
The family of rapper Riky Rick confirmed that he passed on following the rumours circulating on Twitter. A source told a local publication that the 34-year-old rapper was found by his management team at about 08:30. Learn More
