South Africa
Nersa to decide on Eskom's power price hike─── 07:05 Thu, 12 Jan 2023
PHOTO: Twitter
As Eskom implements stage 6 load-shedding indefinitely, the National Energy Regulator of South Africa will, on Thursday, decide on the utility's price hike application.
Eskom wants you to pay 32% more for electricity for the next financial year.
The embattled utility is looking to recover over R350 billion with the hike.
The announcement comes after the regulator asked for a number of extensions in making its decision.
A final decision on Eskom’s revenue application was meant to be announced in November last year.
