THE Multi-Party Government in Johannesburg says it rejects Eskom’s request to the National Energy Regulator of South Africa (NERSA) for a 38.1% electricity tariff increase for the 2023/24 financial year.
Environment and Infrastructure Services Department (EISD) MMC, councillor Michael Sun, and officials from City Power attended the NERSA hearings on behalf of the City of Joburg.
“Whilst as a City we have full appreciation that Eskom must be financially viable, but this must not be achieved at the detriment of the residents of Johannesburg,” Sun said.
“If Eskom’s proposed application of a tariff hike of 38.1% is approved, City Power would have little room but to pass-through the costs to its customers. This would place further financial burdens on residents within the City of Johannesburg.”
The proposed tariff hike, which is far higher than the current inflation rate, would have a devastating impact on the residents of Johannesburg and on
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