South Africa

Eishkom hike is going to hurt – a lot

08 March 2019 - 06:06 By ALEX PATRICK
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Nersa has announced that South Africans will cough up 9.41% more for electricity.
Nersa has announced that South Africans will cough up 9.41% more for electricity.
Image: John Liebenberg

It’s time to adopt the brace position, as economists warn that the electricity tariff increase approved on Thursday will break a few backs.

The National Energy Regulator of SA announced SA’s new electricity tariffs, and the price of power will rise by 13.8% for 2019/20.

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