Joburg metro says 18% Eskom tariff hike more feasible in present economy: The City of Johannesburg is asking the National Energy Regulator to limit the suggested increase to electricity tariffs to 18.4% at the most.
Instead of above-average tariff increases, Eskom should seek alternative mechanisms to improve its efficiencies and reduce costs, says the City of Joburg.The City of Johannesburg is asking the National Energy Regulator to limit the suggested increase to electricity tariffs to 18.4% at the most.
The proposed tariff hike of 38.1% is far higher than the current inflation rate and risks stifling the ailing economy that has just begun on a recovery path, he said. “While as a city we have full appreciation that Eskom must be financially viable, this must not be achieved at the detriment of the residents of Johannesburg.”
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