Nersa approves 18.65% electricity tariff hike for Eskom | Business

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JUST 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

krisanapong detraphiphatThe National Energy Regulator of South Africa has agreed to an 18.65% increase in electricity tariffs, effective from 1 April this year.In the same tariff application, the cash-strapped power utility applied for a further 22.52% increase for 2024/25. Nersa has granted Eskom a 12.74% tariff increase.

The regulator said the"extremely difficult decision" sought to balance between the needs of Eskom and consumers. A court order required Nersa to make a final decision on the tariff by 24 December, but the regulator was granted an extension to Thursday, 12 January after its Electricity Subcommittee required more time to deliberate on 14 areas of concern.

Eskom, which implemented continuous Stage 6 load shedding this week, motivated for large tariff hikes on the back of rising diesel costs. The utility spent R15 billion on diesel in the 2021/22 financial year – some R9 billion more than what Nersa would allow it to recover through electricity tariffs for that year.We live in a world where facts and fiction get blurred

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_Business Pathetic! People who can help are not allowed to. We were the Best a couple of years ago, now we are Absolutely the Worst.

_Business Please can someone explain, how can NERSA be perceived to be independent?

_Business Increase in prices for a service we don't receive. Think about it... we are making donations, at least turn it into Sec18A sarstax

_Business To make up for lost money from loadshedding? 😡

_Business Dogs increased the price of food....paying for something that does not function

_Business 🤬

_Business If I may ask which electricity tariffs u increase because we don't have electricity every day

_Business Open up the energy market and other parastatal organisation's industries. The Monopoly of certain industries is clearly an epic fail

_Business Wonder why they need this because Biden from America has promised 80 million to help the energy crisi

_Business Crazy

_Business ANC Voters better not walk around wearing ANC t-shirts because I can see more than a few poes klaps coming from pissed off citizens and it'll be well deserved.

_Business Pay more for less, the African way.

_Business What kinda fucking drugs are they smoking we don't even fucking get service delivery 😳😳😳

_Business Hulle kan mos eenkeer hulle masepoese krag afhou🤬🤬

_Business Daylight robbery

_Business South Africans to hell with ANC we're not angry enough, this is daylight robbery. How do you a price on something you can barely provide? They're taking us for granted.

_Business The sad part is, some people use electricity for free, while we keep paying but still subjected to load shedding.

_Business What the hell 😳

_Business

_Business Angithi this media of ours supports this failing president your mbalulas koos Bekker Rupert look at what your support has done it’s been 3.5 hours since I last had electricity the government u diligently supporting is messing up our MYANC and county our media pathetic!

_Business Useless eaters must not consume energy

_Business

_Business

_Business Obviously they part of corrupt anc

_Business A really total nationwide shutdown will make them have a serious meeting and sort it out for real.

_Business Captured by anc

_Business Extra money in their pockets🤬👍🏻

_Business only in SA where you pay for absolutely nothing in return but to fill the fat bellies of overaged grannies sitting in ParliamentofRSA doing fokkol.

_Business This is Amaizing we now pay more to have stage 7 and 8 loadshed ding.

_Business More for the looters to loot

_Business Candles and fire outside here we come

_Business 😡😡😡umsanganoke loooo

_Business We should all stop paying our electricity bills until loadshedding has stopped and the electricity charges are fixed, we never have electricity but they charge us full increased prices

_Business Soldiers have to eat. They've been lazing around as opposed to fixing the Power Stations as per their mandate.

_Business If ANC wins in 2024 elections, I will conclude that majority of South African citizens and more special abamnyama bagula ngenqondo...

_Business Tax revolt on its way 🤷‍♂️

_Business PresidencyZA, you have failed us 😔

_Business They just said yes to more cable theft and illegal connection, and a more angry country. Not like anyone cares anyway

_Business How can you increase the price of electricity when there is none

_Business Foreigners are not affected ba hlala mahala

_Business We are so fcked as a nation. Well, let me just say before shit goes down that I really enjoyed the dream of a rainbow nation whilst Madiba was still here and I truly thought we as a country were going to do amazing things. A very sad let down but I love you all nonetheless ❤️

_Business The biggest load of crap ever. Approve higher than inflation increases for a company that cannot guarantee any power. Dodgy beyond words.

_Business When the majority of your voters doesn't pay for electricity, you can afford to screw over the few that do.

_Business I hate this country. Actually despise it.

_Business Kancinci we are becoming Zimbabwe

_Business What electricity? Emperor's new clothes.

_Business Thank you NERSA_ZA for making my decision to go off-grid easier as my monthly instalments to a rent-to-own solar company works out cheaper than my electricity bill at Eskom_SA currently, you truly are a DAF bunch of cnuts!!!

_Business Back to stage 4 very soon...EskomSA and MYANC are holding the country ransom as usual! Corrupt Poeste 🤮🤮🤮

_Business And just when we though us as South Africans couldnt get more screwed. How is this ok!? CyrilRamaphosa MYANC PresidencyZA an 18,65% increase on a failed service?

_Business Im speechless.

_Business So I can devide the increse by 4 and only increase by 3.5 % cause tnat is all we are receiving... That must all go and remove themselves from the Human gene pool.... Sorry couldn't find an better than human...

_Business Maybe we will go down to stage 5 now 😆

_Business It does not matter who you vote for the ANC will still come

_Business It's too early for April Fools

_Business Well if Soweto don't pay why should we, they are out of control damn, this is beyond belief

_Business Excuse me!! And that why we have less and less electricity!!

_Business Yet they are supplying electricity for less than a day...till further notice

_Business From the frying pan to the fire and another step closer to civil war Failed race = failed state devolution VoetsekANC Loadshedding eskom_sa myanc gerrievanderwe1 presidencyza

_Business Privatise the energy industry now! How can we have a monopoly losing so much money yet being able to charge more and more for less and less electricity provision. This is madness.

_Business and the avg South African still lingers onto hope... This ship will sink, it's just about how quickly, not if.

_Business Ridiculous, people are already struggling to make ends meet & for many that's not always possible. We are paying for the ANC's mess & the money they stole. Over 653% increase since 2008. F..k the comrades...

_Business Make it a cash cow and then hand it over to the department of energy, that's the play

_Business To pay Eskom’s overstaffed incompetent people.

_Business Isn't there a way we can make elections this year instead of next year? 😡

_Business So we are going to pay more for a service we will not get? This one needs to be challenged

_Business Whether There Is Electricity Or There Is No Electricity I Think The People There By Nersa Are Crazy. How Can They Allow Such A High Increase.

_Business Death of Democrasy and The South African way of Life a new feature film proudly brought to you by Eskom, NERSA and The South African Goverment. Enjoy!

_Business PresidencyZA So, instead of allowing private companies to contribute to the grid, we are just going to continue to let Eskom_SA hold us citizens to ransom with continuous increases?

_Business TIME TO OVERTURN THIS GOVERNMENT!!!!

_Business we will paying for those who are stealing i guess

_Business An April fools joke? How can people and small business survive when the electricity keeps rising in cost? Many big businesses are solar powered.

_Business VoetsekNERSA

_Business NERSA_ZA CyrilRamaphosa Nersa! There is no change to Eskom processes, loadshedding is worse and no action against defaulters. Again, what logic is used in approving the tariff increase! NERSA_ZA, are you captured? Eskom_SA ploy is mass loadshedding = tariff increase approval!

_Business Time to install solar

_Business How can you raise the price of something that barely exists!?

_Business Mmusho wa MA Bandit...

_Business Are we being subsidised? It’s a joke .

_Business Unbelievable

_Business April Fools

_Business

_Business Absolutely INSANE 🤬

_Business Vote ANC and keep struggling ! Or wake the fuck up and do/ vote somoene else to get it sorted out !

_Business South Africa is just a joke🤣🤣

_Business We are in hell... We'll see you at the polls MYANC

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