Cape Town – Eskom has proposed significant electricity tariff increases over the next three years, with a 36% hike for direct customers in 2025, followed by 12% and 9% increases in 2027 and 2028.
This follows a 13% increase earlier in 2024.
[ON AIR] Eskom has applied for a multi-year revenue application that will result in tariff hikes in excess of 36% for customers. We are joined by Hasha Tlhotlhalemaje of @eskom on #TheMorningBrief with #ThulasizweSimelane pic.twitter.com/bQQJBdKBHQ
— SAfmRadio 📻 (@SAfmRadio) September 25, 2024
The proposal has sparked controversy, with the Democratic Alliance (DA) launching a petition, which has gathered over 100,000 signatures.
Eskom has applied for tariff hikes for the next three years, with 36.15% set for 2025, 11.81% for the 2026/27 financial year and 9.10% for 2028.
Eskom’s tariff hikes have caused an uproar among South Africans, with millions unable to afford to buy electricity.
Last week the… pic.twitter.com/bTIRVWXnFx
— POWER987News (@POWER987News) September 25, 2024
The National Energy Regulator of South Africa (NERSA) is currently seeking public comments on the proposal, with a final decision expected in March 2025, and new tariffs to take effect in April.
NERSA publishes Eskom’s 36% tariff hike request for public commenthttps://t.co/koupxe1C4o pic.twitter.com/zSKyDX4Q5k
— Jacaranda News (@JacaNews) September 25, 2024
Follow African Insider on Facebook, Twitter and Instagram
Picture: X/@Eskom_SA
For more African news, visit Africaninsider.com
Compiled by Betha Madhomu
