Wednesday, June 24, 2009

High level support for Eskom’s tariff increase

By Mandisi Tyulu
24 June 2009


The Public Enterprises Minister Barbara Hogan has warned that holding down electricity prices now would result in even higher prices in the near future.

Speaking at a media briefing in Parliament yesterday, Hogan pointed out that should Eskom’s requested 34-percent increase not be granted, it would lead to a good deal of volatility in the tariff structure.

The national energy regulator is expected to announce his decision on the Eskom tariff later this week.

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