Nersa announced approved Eskom tariff hikes for 2025/26, 2026/27, and 2027/28

Well.. 26.1% over 3 years. Is more palatable than the >60% they were aiming for originally. Still... Way above inflation. And economic growth.

Then there's the inevitable increase in solar installations. And, at the rate things are going, I hear the free electricity allotment for people who can't afford electricity, and I mean really can't afford (not just those who have to go a bit hungrier or lower the clothing/education budget for their children, or give up retirement savings. Pff... middleclass in SA is rich after all [sic]), might be increased to 200 units. Meaning Eskom will sell even less electricity(for money).

Meaning, in 3 years times... Things gonna be ugly where Eskom is concerned. If you can believe, uglier than now.
 
Well, apparently they just made R18B in profits in the past financial year, so thankfully they didn't get the full amount they were after.

My question now is what is happening to the fixed grid tie cost they were after?
 
Only "12.7%" increase.:eek:
WTF 💩💩💩
That's way above inflation.💸💲
My salary never went up by that much.

Thank goodness I got solar+battery a few years ago.☀️
 
system32 said:
Only "12.7%" increase.:eek:
WTF
That's way above inflation.
My salary never went up by that much.

Thank goodness I got solar+battery a few years ago.
Click to expand...
Everything goes up 5 to 15% except my salary yet I get told it's a cost of living increase
 
Lupus said:
Everything goes up 5 to 15% except my salary yet I get told it's a cost of living increase
Click to expand...
The "experts" that calculate the "official" inflation rate obviously don't live in the same world we do. It always amazes me that big corporations will increase their rates well above the "official" inflation rate but then only increase their staff salaries by no more than the "official" rate. Whatever calculations went into your annual increase should surely be used to calculate the cost of living increase required. Greedy thieves the lot of them!!!
 
I wonder sometimes how did eskom won the price in the late 1990’s snd early 2000’s for the cheapest power service in the world
 
zerocool2009 said:
I wonder sometimes how did eskom won the price in the late 1990’s snd early 2000’s for the cheapest power service in the world
Click to expand...
They only won once in 2001 and it was best company in the world... nothing about prices
 
Nersa is a joke!!!
The Trutherizer said:
Well.. 26.1% over 3 years. Is more palatable than the >60% they were aiming for originally. Still... Way above inflation. And economic growth.

Then there's the inevitable increase in solar installations. And, at the rate things are going, I hear the free electricity allotment for people who can't afford electricity, and I mean really can't afford (not just those who have to go a bit hungrier or lower the clothing/education budget for their children, or give up retirement savings. Pff... middleclass in SA is rich after all [sic]), might be increased to 200 units. Meaning Eskom will sell even less electricity(for money).

Meaning, in 3 years times... Things gonna be ugly where Eskom is concerned. If you can believe, uglier than now.
Click to expand...
This feels more like they're trying to get the focus off the last couple of years of wrongfully approved massive increases.
 
Eish so when does load shedding start since these corrupt **ckers is not getting what they wanted.
 
Currently only using between 5 to 10 kwh a day thanks to solar (down from average 60kwh). If they come with grid tied fees it might be worth my while to upgrade and say bye bye Eskom
 
KleinBoontjie said:
Nersa is a joke!!!

This feels more like they're trying to get the focus off the last couple of years of wrongfully approved massive increases.
Click to expand...
"couple". More like nearly the previous two decades since 2007. But yeah, I guess for the most part public attention span only goes so far in-between all the political theatre acts. And for the last 4-5 years the rate of increase was even further above inflation than the more or less steady (and almost suspiciously so) ****ery that was unfolding.
 
Roo! said:
The "experts" that calculate the "official" inflation rate obviously don't live in the same world we do. It always amazes me that big corporations will increase their rates well above the "official" inflation rate but then only increase their staff salaries by no more than the "official" rate. Whatever calculations went into your annual increase should surely be used to calculate the cost of living increase required. Greedy thieves the lot of them!!!
Click to expand...
That's because the basket that makes up inflation is for the average person, and the average one usually is not paying much in electricity as they qualify for free basic electricity (FBE).
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter