Regulator granted extension to rule on Eskom's 32% tariff hike request | Business

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The high court has now extended the deadline for a decision to 12 January 2023, Nersa said on Wednesday. In the same tariff application, the cash-strapped power utility is seeking a further 9.74% increase for 2024/25. Nersa was meant to make a determination last week but its Electricity Subcommittee requested more time after a meeting to consider 14 areas of concern which were raised by regulatory members.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.

_Business The hike better be declined! Enough is enough… time shld be focused on retrieving the monies that were stolen… South African residents are already forking out for a broken service! Eskom is a bottomless pit and no amount of additional hikes will fix the situ!

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