Fresh from securing a 9.41% tariff increase in March, Eskom are now targeting municipalities with a 15.63% hike.
The greed at Eskom has expanded yet again this week, after the City of Johannesburg confirmed that a 15.63% tariff hike is set to come into force. In an official statement, Mayor Herman Mashaba lambasts energy regulator Nersa for their “disappointing correspondence”, which expresses the need to jack-up our electricity prices.
Eskom: Municipalities set for a separate price hike
The news comes just a couple of months after Eskom were given permission to increase their rates by 9.41% in 2019. In total, they’ve been given the green-light to put rates up by 22% over the next three years. However, the power utility has no shame when it comes to raiding the pockets of South African citizens.
Eskom’s problems are extensively well-documented, and their ability to use money wisely has been severely questioned. In fact, two interna
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