NERSA’s approval of tariff increase insensitive and careless – COSATU
COSATU denounces NERSA’s callous decision to approve an 18% electricity tariff increase for Eskom which will be a big blow to all.
COSATU denounces NERSA’s callous decision to approve an 18% electricity tariff increase for Eskom which will be a big blow to all.
The High Court’s finding will be to prevent all municipalities from using their monopoly over electricity supply as a bottomless slush fund financed by ratepayers.
SA’s household electricity prices sit in the more expensive half of the global spectrum, with at least 85 nations paying less per kilowatt-hour.
Eskom applied to Nersa for a 32.66% electricity tariff increase from 1 April 2023 and will now have to adjust its application after President Cyril Ramaphosa’s power plan announcement.
Eskom appears determined to punish homeowners and businesses who want to install solar systems as an alternative power source.
The Free Market Foundation believes there is a solution to loadshedding and it starts with a legislative change to a single word in law.
Eskom has asked the National Energy Regulator of South Africa for a 32.66% price hike, according to Sunday newspaper Rapport.
Poor service delivery could see municipalities lose revenue from electricity tariffs as more private power producers come online.
OUTA is hauling NERSA before the courts to challenge the licences it approved for Karpowership SA to generate over 1200 megawatts of power for 20 years.
In a nutshell, OUTA wants the regulator’s decision to grant power generation licences to Karpowership SA reviewed and cast asunder.