South Africa allows 19 percent electricity tariff increment

South Africa allows 19 percent electricity tariff increment

South Africa Energy Regulator has allowed the country’s Eskom to raise its tariff by nearly 19%.

This is despite the country facing up to 10 hours a day of load shedding as the state-owned company struggles to keep the lights on.

The increase will come into effect in April though the Escom asked for a 32 % increment and cash-strapped South Africans are unhappy paying more for unreliable service.

The unpopular tariff increase comes after Eskom implemented continuous stage 6 rolling blackouts this week.

Eskom, which is reported to have lost 890 million dollars last year, is plagued by aging infrastructure, mismanagement and corruption allegations.

CATEGORIES
Share This