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Saturday, 01 February 2025 08:54

12.7% Eskom Tariff Hike Approved by Nersa

This comes after Eskom proposed a 36.15% increase for the 2025/26 year, however, Nersa reduced it by a little over 23%.

Additionally, Nersa approved a 5.3% increase for the 2026/27 financial year as opposed to Eskom’s proposed 11%, and a 6% increase for the 2027/28 financial year as opposed to Eskom’s originally proposed 9%.

The price hikes initially sparked public outrage, however Thembani Bukula; Nersa Board Chairperson; has stated that careful consideration was taken before approving these figures.

“During this process, we received various inputs from the stakeholders who came to our presentations as well as inputs that we got from the written comments,” said Bukula. “Top of the list was the affordability of electricity if the prices applied for by Eskom were approved.”

Darul Ihsan Media Desk

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