Eskom took to Twitter to circulate a statement detailing the new proposed tariffs and when they are set to take effect, which is in July 2021.
Eskom took to Twitter on Wednesday, 7 April 2021, to share a statement detailing the various tariffs hikes that the power utility is set to introduce. The increased tariffs have been expected since the National Energy Regulator of South Africa (NERSA) approved the 15 percent increase proposed by Eskom.
At the time, it was stipulated that the increase would be a way for the power utility to recoup money from the public to cover some of its debt and financial obligations. Moreover, while the now confirmed 15.06 percent increase is for the 2021/2022 financial year, the power utility has indicated that a similar tariff increase is scheduled for the 2022/2023 financial year.
Additionally, the power utility confirmed that the tariff increase is only scheduled to take effect from Thursday, 1 July 2021. While the tariff increase is a few months away, the increase will follow shortly after an increase in fuel prices, which will have an impact on the livelihoods of many.
See the post below.
New proposed tariffs for 2021/22
— Eskom Hld SOC Ltd (@Eskom_SA) April 7, 2021