South Africans have expressed disappointment at news of an electricity tariff hike this week. One reader, Nompumelelo Ngobese said her salary has remained the same, despite increases in 3 years approved by NERSA.
The National Energy Regulator of South Africa (NERSA) officially approved a 12% tariff hike, requested by City Power.
Isaac Mangena, Spokesperson of City Power, said “our tariffs are determined by several key factors such as the industry inflation driven by increases in bulk purchases cost, our operational cost and cost structure.”
He also said stakeholders and residents, were consulted extensively during the Integrated Development Plan (IDP) meetings, prior to sending an application to NERSA.
The tariff for indigent households will go up by 6.21%.
Summary provided by City Power, of new tariffs
#Residential low prepaid customer that consumes 374kWh per month, will pay an
extra R49.17 for the same 374kWh, increasing the total charge from R791.57 to R840.74.
The customer will however, for the first 350kWh per month, pay R2.2162/kWh, compared to
R2.0967/kWh for the current financial year, which will be R41.83 more per month. The next 24kWh will cost R65.06, which is R7.52 more than what it is costing now.
#The residential prepaid low (indigent) tariff monthly consumption up to 350kWh, will be at R2.2162/kWh, the next 150kWh for the month at R2.7110/kWh, while any usage above 500kWh per month, will be at a unit charge of R3.2261/kWh. All the amounts are exclusive of VAT.
NERSA announced today that it has completed considering and the approval of all 178 licenced electricity distributors’ tariffs applications (municipal and private distributors) for the 2024/25 financial year, for effective implementation on 1 July 2024.