MegaBanner-Right

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » Power & Energy Efficiency News » Eskom applies electricity tariff increase

Eskom applies electricity tariff increase

The price of electricity will increase this week, following Eskom’s implementation of its new electricity tariff of between 12.72% and 12.74%.

This after the National Energy Regulator of South Africa (NERSA) determined the increases in December last year.

The increases are as follows:

  • Local authority tariff charges: 1 July 2024 – 30 June 2025: 12.72%
  • Eskom direct customers: 1 April 2024 – 31 March 2025:
    • All tariff charges except the affordability subsidy charge: 12.74%.
    • Homelight 20A: 12.74%.
    • Affordability subsidy charge: 25.24%

“The average increase applied to the key industrial and urban tariffs will be 13.29% due 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,” the power utility said. – SAnews.gov.za

Source: https://www.sanews.gov.za/south-africa/eskom-applies-electricity-tariff-increase

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

BMG lifts safety and performance with advanced lifting and rigging solutions

BMG lifts safety and performance with advanced lifting and rigging solutions BMG’s dedicated Tools & Equipment Lifting and Rigging division provides solutions for lifting and...

Canada, Australia bet South African

Canada, Australia bet South African CONSULTING firms in Canada and Australia have placed multiple orders on a South African company to manufacture cranes, hoists and...

MUST READ

Cape Winelands Airport to reshape Western Cape economy

Cape Winelands Airport to reshape Western Cape economy By Adrian Ephraim SOUTH AFRICA’s largest listed real estate investment trust has made a strategic bet on the...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.