{"id":71270,"date":"2013-02-25T18:19:29","date_gmt":"2013-02-25T16:19:29","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=71270"},"modified":"2013-02-26T09:26:06","modified_gmt":"2013-02-26T07:26:06","slug":"electricity-price-hike-decision-coming","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/71270-electricity-price-hike-decision-coming.html","title":{"rendered":"Electricity price hike decision coming"},"content":{"rendered":"

A decision on Eskom<\/a>‘s proposed new electricity prices will be announced on Thursday, the National Energy Regulator of SA (Nersa<\/a>) has said.<\/p>\n

It would do so by way of a news briefing in Pretoria, Nersa said on Monday.<\/p>\n

Eskom has asked for a 16 percent increase in electricity prices in each of the next five years, which will more than double the price, taking it from 61 cents a kilowatt hour in 2012\/13, to 128 cents a kWh in 2017\/18.<\/p>\n

Minister in the Presidency Trevor Manuel<\/a> warned against the energy tariff increase during a briefing on the National Development Plan in Cape Town on Tuesday (SUBS: Feb 19)<\/p>\n

He said rapid increases in administered prices, including energy, had to be guarded against.<\/p>\n

The National Union of Metalworkers of SA (Numsa<\/a>) agreed the proposed electricity hikes were “unacceptable”.<\/p>\n

“We welcome Minister Manuel’s firm stance on this ridiculous request by Eskom,” Numsa said in a statement on Wednesday.<\/p>\n

“We have argued strongly that these electricity tariffs will plunge our economy into a deeper crisis, and will result in massive job losses,” it said.<\/p>\n

At the same time, the Food and Allied Workers’ Union said the proposed increase would have a negative effect on farming operations.<\/p>\n

“We have argued that this proposed massive electricity hike will have a negative impact on the cost structure [not only] for manufacturers, but also for farmers,” it said.<\/p>\n

Farmers found it difficult to contain the increasing prices of energy and fuel, and therefore had no choice but to retrench workers to cut costs.<\/p>\n

More general SA news<\/h3>\n

Telkom spent R34 million on The New Age advertising<\/a><\/strong><\/p>\n

Eskom increase inevitable, says trade union<\/a><\/strong><\/p>\n

Eskom hiking tariffs to pay salary: report<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

A decision on Eskom’s proposed new electricity prices will be announced on Thursday<\/p>\n","protected":false},"author":33,"featured_media":42671,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[181,9683],"class_list":["post-71270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-eskom","tag-nersa"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/71270"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=71270"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/71270\/revisions"}],"predecessor-version":[{"id":71272,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/71270\/revisions\/71272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/42671"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=71270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=71270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=71270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}