Big Eskom price hikes on the cards

The National Energy Regulator of South Africa is reviewing the proposed cost-reflective electricity tariffs model. If approved, South African homes and businesses could face higher electricity price increases.According to a City Press, Nersa said tariff calculations based on Eskom’s potential revenue and allowed costs aren’t working, and the cost-reflective model could be introduced by 2026.

Eskom’s sales are down around 14.7% due to reduced economic activity and increased load-shedding. This, combined with the regulatory clearing account , presents a challenge for Nersa. “They need to liquidate it at a scale and a pace users can actually afford. And, remember that Eskom asks for increases every year, so it’s those increases plus the RCA,” he said.Mashele also believes the unbundling of electricity tariffs is a bad move.

“What Nersa is trying to do will benefit certain customers only. It will make it more expensive for residential customers — the further away from the grid you are, the more you would then pay,” she added.to reflect the costs of the power utility’s different services — generation, distribution, and transmission.

Great idea! Force those homeowners who pay the bulk of Eishkom’s residential usage to just 🖕 Eishkom and go fully off the grid. I refuse to pay for incompetent thieves raping our tax payers. Just another 10 panels and 2 batteries and we are FULLY off the grid.

We are in prison. Only difference is the prisoners don’t pay. If you want an affordable life. Commit a crime and live a free life style

They’re going to hike the price of electricity they don’t have to sell?

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eskom asks for R20 billion for more dieselEskom has asked National Treasury for more money to buy diesel.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

All-day load shedding is back after Eskom suffers 6 breakdownsEskom is moving back to all-day load shedding until further notice. Eish wena! 🤦‍♂️ Well done Eskom_SA EskomSpokesper1 WINNING useless voetsekEskom
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Eskom gives load-shedding updateEskom has provided a load-shedding update for the start of next week.
Source: mybroadband - 🏆 11. / 67 Read more »

Stage 2 blackouts from 4pmEskom has announced that Stage 2 blackouts will return from 4pm on Friday. Only in township not in Malberton ward 5😃
Source: eNCA - 🏆 49. / 51 Read more »

Here’s the new Eskom load shedding schedule for the week aheadPower utility Eskom has published the latest load shedding schedule for the week. Eskom_SA you reaaly need to wake up, go and do some roud trips to oversees yourselves. We know as SA citizens we can't trust the president anympre
Source: BusinessTechSA - 🏆 24. / 61 Read more »

More suffering: Stage 2 load shedding to be imposed indefinitely | The Citizen🔌Eskom announces stage 2 load shedding indefinitely, after 6 generating units broke down at 5 power stations💡Catch up on updates here: Eskom loadshedding loadsheddingupdates Please they must take their time we are still in Phalaphala the president must resign in his darkness FFS - how do 6 units at 5 power stations break down sort of simultaneously? Who is fooling who?
Source: TheCitizen_News - 🏆 6. / 75 Read more »