Eskom welcomes Nersa's tariff hike decision, acknowledges 'pressure' on consumers | Business

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The utility welcomed the tariff hike and recognised the pressure it will put on consumers, also offering another apology for load shedding. | News24_Business

Eskom says it appreciates the"tough decision" made by the National Energy Regulator of South Africa to hike electricity tariffs by more than 18% and 12% in the next two financial years respectively, adding that it"recognises the pressures this determination will place on consumers".

The decision follows a court order requiring Nersa to undertake the necessary regulatory steps to assess, consult and make a determination on Eskom’s revenue application in time for the first hike to be implemented in April this year. "It is evident that both Eskom and Nersa are aligned that every effort needs to be made to improve the energy availability factor at Eskom power stations," the utility said, noting that the shortage in capacity is due to both Eskom performance and delays in the Independent Power Producers projects which need to be addressed.

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_Business They welcome it but do the paying customers welcome it ?

_Business Wow. Just wow.

_Business Fokof Eskom

_Business Idiots

_Business

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_Business ANC and Eskom share the same DNA =looting and corruption

_Business How sickening! Only a very few payers will be able to afford the hike in tariffs.

_Business ESKOMMUSTFALLIN2023

_Business Big salary increases all round. Big tenders waiting. Thanks NERSA.

_Business Expect cost of everything going up as well!!!!

_Business We are not paying for excuses and apologies...light up the fucken country...misoon yenu☝🏾

_Business Apology? Stop insulting us

_Business Fuck that!

_Business No apology will help consumers!

_Business Simply not good enough, I want to see heads rolling both in the ANC and Eskom. Nothing will happen because a large majority of the population don’t pay for electricity anyhow but still use it.

_Business Did your apology help Remove the 18% eskom

_Business ESKOMMUSTFALLIN2023

_Business To little to late to apologize Eskom Whe dont need your aplology Whe been having this Loadshedding Bullshit for the past 5 months giong on 6 Now you want to aplogize for making the Economy loose Millions because of LOADSHEDDING ?

_Business 🤮

_Business Must be a slow news day for you to repost the Eskom statement.

_Business This just becomes another reason for retailers to jump on the bandwagon. We are being manipulated and abused.

_Business Where are we supposed to find the funds to pay more?

_Business Why do we regular folk have to pay more?This state owned organisation has been looted and brought to its knees by total and utter incompetence by its own government.

_Business F**k You Eskom FuckEskom

_Business They must take their apologies and st8ck it where the sun do not shine.

_Business A tariff hike how can you even dare to do that who's pockets need to be lined? Which minister is in dire straits?

_Business This Eskom is now becoming sadistic!!!

_Business Eskom or the politicians?

_Business Another 18.32% in the hands of the ANC looters. That is why they appreciate it.

_Business We saw the statement. You don’t need to repeat every government and SOE statement in your “articles”.

_Business Loadshedding is still there after the apology,that apology means nothing.

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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 🤬
Source: News24 - 🏆 4. / 80 Read more »