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

Water independence starts with what you can deploy tomorrow

Water independence starts with what you can deploy tomorrow By Dawid Bredenkamp AS pressure on water resources continues to grow, flexibility is becoming less of a...

Commercial solar battery storage: NID project shows value of peak demand management

Commercial solar battery storage: NID project shows value of peak demand management By Kris van der Bijl A 100kWh battery might seem modest alongside a 1MWp...

MUST READ

ISA releases inventory of R395 billion in infrastructure projects

ISA releases inventory of R395 billion in infrastructure projects Infrastructure South Africa (ISA) has released the third edition of South Africa’s Construction Book - a...

RECOMMENDED