This feels more like a tariff heist than a tariff hike: Eskom have managed to get an increase, but Nersa didn’t give them everything they wanted.
Eskom are currently between a rock and a hard place, according to the experts. Watch Nersa deliver their verdict via a live stream here.
The ball is in NERSA’s court now.
Eskom will learn of its fate when the public hearings conclude on Tuesday
Eskom may have taken it too far this time.
Just so we are clear, this is 15% plus 4.41% that is being proposed from the next financial year.
In theory, the price of electricity could rise between 4% and 19% in April 2019.