Nersa announces Eskom tariff decision

2010-02-24 12:35

SOUTH Africa is more than 75% electrified and the importance of

electricity cannot be underestimated, said Cecilia Khuzwayo, chairwoman of the

National Energy Regulator SA as she began the announcement on the expected power

tariff increases today.

“Electricity is the democracy of the country,” she said at a press

conference in Pretoria.

It was critical to ensure the supply of electricity and, that Eskom

had been negatively effected by the global economic recession.

This had led to the loss of 900,000 jobs.

“It is clear that the economy is now in recession mode,” she

said.

The state owned power utility had applied for an increase of 35

percent every year for three years to help raise funds for a R385?billion power

expansion programme.

The regulator followed due process in inviting comment at public

hearings.


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