Another Eskom Price Hike Looms
After another night of Phase 2 load shedding, the National Energy Regulator and Eskom will meet today to discuss the power utility’s application for an additional tariff increase of 12.61%. The hike is mainly to pay for the added expense of using diesel to generate power to keep the lights on. Consumers are already paying […]
Wednesday’s top stories
Eskom could earn nearly R40bn if a 25,3% tariff increase it has requested is approved, according to the supplier’s spokesperson. According to Fin24 the National Energy Regulator of South Africa will meet today to discuss whether to grant Eskom’s request for an electricity price hike from July. Neil Roets, CEO of Debt Rescue, said the […]
Eskom to make R40bn from tariff hike
Eskom to make R40bn from proposed tariff hike, and Flabba’s girlfriend to appear in court. NEWS: Eskom could earn nearly R40bn if a 25,3% tariff increase it has requested is approved, according to the supplier’s spokesperson. According to Fin24 the National Energy Regulator of South Africa will meet today to discuss whether to grant Eskom’s […]
Eskom hike could push consumers over edge
Durban – Granting Eskom’s request to hike the price of electricity by a further 12.61 percent would have a “devastating” effect on the South African economy, analysts have warned. This comes as the National Energy Regulator of South Africa (Nersa) revealed it would decide by the end of this week whether to grant the embattled […]
Eskom’s greed will plunge us all into debt
Eskom’s greed will plunge large numbers of consumers and business into debt according to an economist and a debt expert. Last week Eskom made an urgent application to the National Energy Regulator of South Africa (Nersa) to increase the electricity tariff by 25.3% for the 2015/2016 financial year. This includes the 12.69% price increase that […]
Eskom’s proposed tariff increase would push millions of consumers into debt: experts
Experts warn that Eskom’s proposed additional tariff increase will have a detrimental impact on consumers CEO of Debt Rescue Neil Roets says the proposed tariff increase, which is currently being considered by the National Energy Regulator of South Africa (Nersa), is going to have a serious impact on consumers. “Consumers will simply not be able […]