Eskom has requested an electricity price hike of 15% for 2019, with a projected overall increase of 45% to 2021.
Nersa has asked for public input at hearings around the country from today before making a decision.
Safcei has objected to Eskom’s application, saying it was based on an inflated demand projection, which is out of touch with consumption trends. And Eskom’s focus seems to be on managing its debt, rather than curbing escalating operational costs caused by poor management.
Safcei Energy and Climate Justice Campaign co-ordinator Vainola Makan said: “If granted, this price increase will severely impact all consumers of electricity across the country, many of whom are already struggling to pay their daily bills. Communities should not have to bear the brunt of the energy increases every year, particularly since Eskom management does not seem committed to recovering the mismanaged funds.”