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JUST IN| Eskom increases tariffs by 9.61% for 2022/23

Eskom raises tariffs by 9.61 percent on April 1st.

Image: SABC News

The National Energy Regulator of South Africa (Nersa) has announced that Eskom's tariff will increase by 9.61% in 2022/23.

The tariff increase is made up of 3.49% for the 2022/23 year, as well as legacy decisions from previous years, bringing the total to 9.61%.

It is expected to increase on April 1 for Eskom customers and July 1 for municipal customers. Municipalities are likely to impose additional fees on their customers.

Eskom proposed a 20.5% tariff increase for 2022/23 earlier this week, citing two external factors over which they have no control:

-the requirement to increase energy purchases from independent power producers,

-as well as an increase in carbon taxes

This year's application was written a year ago, but Nersa had not yet deliberated on it.

According to News24, Nersa informed Eskom in September, after the application had been completed, that it intended to change the methodology for determining allowable revenue, necessitating a new application.

In December of last year, Eskom went to court and obtained an order that Nersa consider the 2022/23 application immediately in order to implement new tariffs by April 1st.

MORE ON ESKOM: Eskom contractor shot dead by a gang that allegedly tried to steal copper cable

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Eskom National Energy Regulator of South Africa Nersa SABC News

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