Business

Siphelele Dludla
1 minute read
15 Dec 2017
11:00 am

Nersa to make decision on Eskom tariff hike application

Siphelele Dludla

Earlier this year, Nersa granted Eskom a below-inflation 2.2 percent increase for 2017/18.

The National Energy Regulator of South Africa (Nersa) will on Friday announce its decision on power utility Eskom’s application for tariff increases for the 2018/19 financial year.

Nersa held public hearings in the Gauteng and Western Cape provinces between October 30 and November 20 on Eskom’s request to increase tariffs by 19.9 percent for direct customers from April 1 next year and an average of 27.5 percent for municipal customers from July 1.

Lobby groups such as the National Black Consumer Council (NBCC) and the Organisation Undoing Tax Abuse (Outa) have urged the regulator to turn down Eskom’s proposed tariff hikes for next year.

 – African News Agency (ANA)

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