Some consumers have to dig deeper into their pockets, because from Monday, Eskom’s 12% electricity price increase for the 2024/25 financial year will kick in.
PICTURE: EskomThe national power supplier said it had approached the
National Energy Regulator of South Africa (Nersa) in October 2023, to approve
its retail tariff and structural adjustment application and the schedule of
tariffs.
‘’On 10 October 2023, Eskom applied to the National Energy
Regulator of South Africa (NERSA) for the approval of its Retail Tariff and
Structural Adjustment Application (ERTSA) and the Schedule of Tariffs for the
period from 01 April 2024 to 31 March 2025. On 14 December 2023, NERSA
determined the tariff increase for 2024/25, applicable to Eskom’s direct
customer tariffs from 01 April 2024, and to Eskom’s tariffs for local
authorities (municipalities) from 01 July 2024,’’ said Daphne Mokwena, Eskom
spokesperson.
According to Eskom, the average increase applied to the key
industrial and urban tariffs will be 13.29%, owing to the increase in the
affordability subsidy charge.
‘’The affordability subsidy charge is raised as a subsidy
to the Homelight 20A tariff and is determined by NERSA. This charge exists due
to historically lower Homelight 20A tariff increases and is paid by the
non-municipal large industrial and urban tariffs.’’
‘’There are no tariff structural changes for 2024/25,
however, Eskom is considering a tariff restructuring submission to NERSA for
implementation in 2025/26,’’ added Daphne Mokwena, Eskom spokesperson.
These increases applies only to customers that are directly
supplied by Eskom.
Done By: Mitchum George
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