Nersa grants Eskom 18.65% tariff increase - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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ICYMI The National Energy Regulator (Nersa) on Thursday granted Eskom an 18.65% tariff increase. The power utility had applied for a 32% tariff increase.

Pylons carry electricity from a sub-station of state power utility Eskom outside Cape Town in this picture taken March 20, 2016.Pylons carry electricity from a sub-station of state power utility Eskom outside Cape Town in this picture taken March 20, 2016.The power utility had applied for a 32% tariff increase.The increases will be effective from the first of April this year.

“Nersa is no longer an independent Energy Regulator as stipulated in the relevant statue. The politicians have for a very long time been leaning on Nersa to grant tariff increases that can never be substantiated. In the last 10 years electricity tariffs in South Africa have increased by a whopping 753%. There is no economy anywhere that can remain competitive that can continue to industrialise with such electricity tariff increases.

“Very much the expectation would be that the tariffs would increase because there are limited options from Eskom’s side to recover their cost. There is government support that they can receive which we know is limited then they can recover some of their costs from municipalities in terms of some of their debts that is owed to them.

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And we are rewarded with stage 6 loadshedding...

Foolish citizens who continue to vote for the criminal organization known as ANC The idea is to break Eskom make using their Electricity so expensive to produce that IPP is cheaper ND the better option Secure the market than in 5 years we will be paying the same price for IPP

I never believe in earning money online before but since I started seeing different people testifying about Randy_Fxhelps ,i was so interested in investing with him because all friends who Invested have all received their profits successfully and so do I Dm 👇 Randy_Fxhelps

How could Nersa allow Eskom to increase the price while we as citizens live in dark city .just imagine stage 6 ijoooo .they don't care bcs they can't see it only us poor people wil suffer 😏

Eskom_SA you can keep increasing the cost to customers, it's NOT going to solve the problem! To get more money in you operations you need to get rid of the people INSIDE stealing it! It's not the inflow that's the problem it's the outflow!!!!!

Guys bring back Guptas, or we will end up with nothing. Remember Guys we are still eating the While of the white.

Lol stage 6 will he reduced to stage 4 today. They got something out of holding us hostage.

Let this be a lesson for poor people. It's not so long ago that a R100 prepaid could last the average home a couple of weeks 👀 The people will wake up when the pot is boiling 😶 It's still nice n warm with Nersa adding firewood 😎

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Nersa approves 18.65% electricity tariff hike for Eskom | BusinessJUST IN | The National Energy Regulator of South Africa has agreed to an 18.65% increase in electricity tariffs, effective from 1 April this year. | News24_Business _Business South Africa is just a joke🤣🤣 _Business We are in hell... We'll see you at the polls MYANC _Business Absolutely INSANE 🤬
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