South Africans brace for 18.65% increase in electricity cost effective 1 April
South Africans are bracing themselves for yet another hike in the price of electricity the after the National Energy Regulator of South Africa (NERSA) approved an average increase in the electricity tariff of 18.65% for the 2023/24 financial year and a 12.74% increase for the following year. The increase will take effect from 1 April for clients that source their electricity directly from Eskom, while municipalities will increase their prices from 1 July. Sakina Kamwendo spoke to Senior Financial analyst at the Electricity department at NERSA, Dr. Bongani Khonjelwayo..
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