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

Putting ESG commitments into action – mining’s decarbonisation journey starts now

As global scrutiny intensifies, mining companies are faced with a seemingly insurmountable task; ensuring their environmental, social, and governance (ESG) pledges translate into measurable...

Global luxury residential markets continued to grow through 2024 – driven by strong performance in the Middle East

Global luxury residential markets continued to grow through 2024 - driven by strong performance in the Middle East London, UK – According to 2025 The...

MUST READ

City takes Manufacturing Support Policy directly to factory floor to drive...

City takes Manufacturing Support Policy directly to factory floor to drive Cape Town’s industrial growth The City of Cape Town’s Mayoral Committee Member for Economic...

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.