Eskom extra electricity price increase rejected
The National Energy Regulator of South Africa (Nersa) has turned down Eskom’s request for an additional 12.61% increase in electricity tariffs. This is according to energy expert Chris Yelland, who was at the announcement. The 12.69% price increase which came into effect on 1 April 2015 will remain in place. Officially, the additional increase Eskom is asking for is 9.58%, which would have pushed the total increase for 2015 to 24.78%....