The National Energy Regulator of South Africa (Nersa) has agreed to an 18.65% increase in electricity tariffs, effective from 1 April this year. Eskom had applied for a 32% tariff increase for the 2023/24 year, which starts in April. In the same tariff application, the cash-strapped power utility applied for a further 22.52% increase for 2024/25. Nersa has granted Eskom a 12.74% tariff increase. Regulator Member for electricity Regulation, Nhlanhla Gumede says the decision to increase tariffs was a tough one given the financial constraints consumers are facing. However, given the rolling blackouts and the difficult operating environment that Eskom is currently facing an increase was mandatory. Joining us now to discuss this further is Energy Expert, Ruse Moleshe.
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