- Joined
- Mar 6, 2024
- Messages
- 2,133
- Reaction score
- 1,868
Fight against Eskom's 66% tariff hikes
The Organisation Undoing Tax Abuse (Outa) has presented its submission on Eskom's proposed electricity tariff hikes to the National Energy Regulator of South Africa (Nersa). It says the power utility should cut costs rather than apply for hefty price hikes.
It recognises the requirement for Nersa to allow Eskom to recover its operating costs and a fair return on assets through electricity tariffs. However, it rejected the utility's application, saying it amounts to a 66% increase in three years.
The Organisation Undoing Tax Abuse (Outa) has presented its submission on Eskom's proposed electricity tariff hikes to the National Energy Regulator of South Africa (Nersa). It says the power utility should cut costs rather than apply for hefty price hikes.
It recognises the requirement for Nersa to allow Eskom to recover its operating costs and a fair return on assets through electricity tariffs. However, it rejected the utility's application, saying it amounts to a 66% increase in three years.