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Huge CT electricity hike

2010-06-29 19:08
line

Cape Town - The City of Cape Town's electricity tariffs will rise by a quarter this week, the municipality said on Tuesday.

The hike, effective from July 1, was the result of Eskom's 29% increase in bulk tariffs to the city.

The Eskom increase, together with spending on the electricity network, meant the city had to raise its tariffs by an average of 24.6% for the coming financial year.

This would not affect those parts of the city that fell in Eskom distribution areas and where Eskom increases were implemented in April.

- SAPA

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