Thursday, October 15, 2009

Public hearings into Eskom's proposed 45% hike to be held next year

By Ofentse Mokae
15 October 2009

Public hearings into Eskom’s proposed 45-percent tariff hike application for each of the next three years are to be held in January.

The National Energy Regulator announced the date today.

On Tuesday, Eskom released details of its application saying that it was in favour of a 45-percent so-called “smoothed” annual tariff increase from next year until 2013, as opposed to a once-off 146-percent tariff increase.

Government is believed to support the smoothed approach.

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