South Africa’s power utility company, Eskom, has clarified the recent approval of an 18.65 per cent increment in electricity tariffs by the regulator, National Energy Regulator of South Africa.
The increment was announced in January and it is expected to take effect from April 1, 2023.
In a statement issued by Eskom to clarify the increment, the power distribution company said, “Over 12 months of the Eskom financial year, commencing on 01 April, an 18.65% increase applies to Eskom directly supplied or non-municipal tariffs; which refers to Eskom’s standard tariff customers.”
Eskom added that the Municipal increase of 18.49 per cent would be effective on 1st July 2023.
Source: https://energynewsafrica.com