32% Eskom increase? 

SA – “It is cold comfort to many South Africans to hear news of stage 5; the economy, especially small businesses which are supposed to create 90% of jobs in 2030, is suffering from the rolling blackouts,” says John Dludlu, SBI CEO. 

“Load shedding is undermining everything we are trying to achieve as a country – from growth to jobs and poverty reduction,” he added.

On the first day of hearings on Eskom’s tariff application to the National Energy Regulator of SA (Nersa) on Monday 19 September, Eskom’s chief financial officer Calib Cassim said that even if Eskom is relieved of R200 billion in debt, the company will soon be back in the same position if it doesn’t significantly raise tariffs, cut costs, and get people and municipalities to pay their bills. 
Eskom is asking for a 32% increase for 2023/24. 

NERSA invites members of the public to submit comments on the Consultation Paper on the Eskom’s proposed Retail Tariff Restructuring Plan. NERSA would like to encourage all stakeholders and the public to actively participate in this process by submitting written comments, in line with the issues raised in the consultation paper, to ERTSA@nersa.org.za. 

The closing date for written comments is Friday 8 October 2022.

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