Eskom’s application to Nersa will be heard in Cape Town next week. Nersa has approved a 4.41% increase, but now Eskom is demanding 15% annually over the next three years, which is three times the official inflation figure.
Energy expert Ted Blom says the application should be scrapped until the forensic audit is completed on the hijacking that took place at Eskom.
Experts have told The Vryburger a different opinion by pointing out that the power tariffs are already too high and should rather be lowered, especially in view of the fact that power is being sold to neighboring countries at far lower rates than charged in South Africa.
The power provider also indicated that next week’s load shedding could be reinstated, which would further crush the already crippled economy.
Read the original article in Afrikaans on Die Vryburger
South Africa Today – South Africa News
