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Bad News For South Africans From July 1, 2022

There is "no conceivable conclusion" in the works, according to South Africa's energy controller, Nersa

Following the country's recent load shedding, Eskom consumers were slammed with a 9.7% increase in electricity bills on April 1st, and many expressed their displeasure. 

To make matters worse, another price increase is expected in July for South Africans

When the energy controller, Nersa, recommended yet another large increase in power duty, it appeared that things couldn't get any worse. 

Nersa has suggested a raise in the minimum wage of at least 7.34 percent, according to press reports. 

The price of power was up by 9.6% in April of this year. 

Prices in South Africa would climb from the current R1.33 to R1.46 kWh, according to the CEO of Debt Rescue, which is based in Johannesburg. 

According to Roets, many South Africans would be pushed to the brink of bankruptcy by the rising costs of basic goods. 

"Over the past year, the cost of electricity has steadily increased for customers. 

"South Africans awoke on April 1st, 2021, to the country's highest-ever growth rate: 15.6%. Customers who purchased R200 worth of power received 137.74 real-world units of power in return for their investment. Customers. If you buy an R200 now, you'll have your hands on one in April 2022." He stated this in an article published by BusinessTech. 

Roets cautioned people in a position to keep their families and enterprises afloat that rising prices will have a direct impact on those in a position to not. 

Aside from that, he added, the current burden shedding scenario makes it even more difficult for South Africans to cope with escalating electricity costs. 

"Over the past year, the cost of power has climbed considerably for customers. 

"It was one of the largest increases in South Africa's history, occurring on May 1, 2021. Real-world consumers of the R200 model received 137.74 kilowatt-hours of electricity. In April 2022, if you buy an identical R200, there will only be 136.98 units left "He made this statement to emphasize his point.


Content created and supplied by: Sannty (via Opera News )

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