Nersa approves 18.65% tariff increase for Eskom

JOHANNESBURG - Energy regulator Nersa has granted Eskom an 18.65% tariff increase for the 2023/24 financial year.

This will kick in from April this year for Eskom's direct customers.

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From April 2024, a 12.7% increase will kick in.

Cash-strapped consumers will be paying an extra R1.73 per kilowatt hour for electricity.

The latest tariff hike comes as Eskom is implementing record rolling blackouts.