In a presentation to the National Energy Regulator of South Africa on Monday , the power utility said the increase was partly being driven by purchases from independent power producers and carbon taxes – two costs which are outside of Eskom’s direct control. These two costs alone make up around 13.8% of the requested increase, it said.a further 15.07% increase in 2024 and a 10% increase in 2025
On 5 March 2021, Nersa approved a hike of 15.06% for Eskom’s direct customers, which was subsequently implemented on 1 April 2021. A hike of 17.80% for municipalities was implemented on 1 July 2021. It added that every effort is being made to find further efficiencies within the business, to address corruption and fraud, and to make inroads into addressing municipal and other debt.
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