According to the City of Johannesburg, residents of Johannesburg will be forced to pay for years of political neglect and corruption with the latest electricity tariff increase granted to Eskom.
Nersa has approved Eskom’s request for a tariff increase in response to Nersa’s decision.
April 1st will mark the start of the 18,65 % price increase.
The increase, according to Mpho Phalatse, is unfair to residents who have been subjected to rolling blackouts for a number of years.
In the current economic climate, the tariff hike is unaffordable, and will increase City Power’s bulk purchases costs to approximately R200 million a month, which, unfortunately, we will have to pass on to consumers. “We are already facing high inflation, job losses, and recovering from COVID-19,” Mabine Seabe told the press.