Wednesday, January 16, 2013

Opposition parties not happy about Eskom’s price hike

Lusanda Bill
16 January 2013

Eskom held its first public hearings in Cape Town on Tuesday.

The power utility wants to increase its tariffs’ by 16 percent a year over the next five years.

DA Shadow Deputy Minister of Energy David Ross said the hike is inappropriate and the problem lies with the Eskom pricing formula.

Meanwhile the United Democratic Movement Bantu Holomisa has called on all South Africans to resist Eskom’s application to raise electricity prices by 16 percent per year over the next five years.

Holomisa added that the increase in electricity prices a certain percentage benefits the ruling party directly. 

 

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