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Eskom announces tariff increases and tariff structural changes for 2015/16

By Danelle van der Merwe | on April 17, 2015 | 0 Comment
Local News News

This post has already been read 1305 times!

eskom 350The increase has been implemented to non-local authority supplies from 1 April 2015 and will be implemented to local authority supplies as at 1 July 2015

Eskom’s current financial position, as a result of historical non-cost reflective tariffs and the lag in recovery of eligible expenditure, does not afford Eskom’s balance sheet the ability to pre-fund further costs that are necessitated by a constrained power system such as short term power purchases from independent power producers and municipal generators and the increased use of open cycle gas turbines.

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Tags: electricityEskomload sheddingpowertariff increase

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