DA rejects Eskom’s application for 32.7% tariff increase during ongoing load-shedding
LOCAL The DA has rejected Eskom’s application to increase electricity tariffs by 32.7%, saying South Africans cannot pay more to be kept in the dark. The embattled state-owned power utility asked the National Energy Regulator of SA (Nersa) for a tariff increase which will see households pay more for electricity during ongoing load-shedding. It said it needs “reasonable tariff increases” to address financial sustainability and liquidity challenges. “Liquidity and solvency risks […]
