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The tariffs increase for direct customers including municipalities by around 36% next year, followed by 12% for the 2026/27 financial year with the final increase of 9% for the 2026/2028 financial year.

If approved, the price hike would allow for the power utility to collect R446 billion in revenue in 2026. Eskom’s General Manager Regulation, Hasha Tlhotlhalemaje says, “Eskom understands that this is a spike, but we have to keep in mind that if the consumer does not pay the efficient cost of electricity, then the taxpayer would have to pay and that is the conundrum we have found ourselves for years and we continue to do so.

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