By Levy Masiteng
Eskom will implement an average 8.76% electricity price increase for direct customers from 1 April after regulator Nersa approved higher tariffs linked to a re-determination of the utility’s generation regulatory asset base.
Municipal bulk purchasers will implement tariff increases averaging 9.01% from 1 July, in line with the Municipal Finance Management Act.
Nersa said in February that Eskom would recover R12 billion of the additional allowable revenue in 2026/27, helping lift the direct-customer increase to 8.76%.
“We have been clear in communicating that Eskom is working to ensure that future tariff increase requests remain reasonable, recognising the affordability pressures on both residential and business customers. Achieving this depends on disciplined financial management and finding smarter, more efficient ways of operating,” Eskom Group Chief Financial Officer Calib Cassim said.
The utility said the tariff increase supports its ability to provide a stable and reliable electricity supply.
It said
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