Expert warns that tariff hike will increase electricity theft - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Energy analyst Chris Yelland has warned that electricity price hikes will stimulate theft of electricity and increase the levels of non-payments from consumers. This comes as NERSA has approved an 18.65% electricity tariff hike for Eskom.

Supply transformer in C-section of Duncan Village in Eastern Cape

He further added that the high prices are diminishing returns for Eskom because more and more people will not be able to pay.“There will be increasing levels of nonpayment, theft of electricity, which is already a problem and also municipal arrears debt because municipalities will not be able to collect money from their customers and therefore not be able to pay what they owe to Eskom. So, there are diminishing returns from price increases.

 

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