The National Energy Regulator of South Africa said granting Eskom an electricity tariff hike was a balancing act between the economy, consumers, as well as the utility’s interests. Eyewitness News reports that Nersa announced a 9.61% electricity tariff hike on Thursday. However, Eskom had sought an electricity tariff hike of 20.5%. Nersa Chairperson Nhlanhla Gumede said the tariff increase would come into effect on 1 April for Eskom customers and 1 July for municipal customers.
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