Large consumer group welcomes electricity regulation amendment bill while Tshwane opposes it

The Energy Intensive Users Group has welcomed the passing of the Electricity Regulation Amendment Bill, which brings to effect Eskom's unbundling into three entities and paves the way for other generators to enter the electricity supply industry.

The grouping, which represents the largest consumers of electricity, said the bill brings certainty to the industry in which companies have had to invest in the generation of electricity to supplement Eskom supply. "We look forward to the president signing this bill into law," said Fanele Mondi, spokesperson for the EUIG on Saturday.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

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