ESKOM Tariff Increases over the last 7 years

2016-02-12 08:07

ESKOM Tariff Increases over the last 7 years.

It’s no secret that Eskom is asking for another Price Increase of 17% for 2016. 
So what does this mean for your pocket and what does the future hold.

So if you paid R1000 for electricity in 2008, by 2014 you would have paid R 3556. 
In 2015 the increase was 12.69%, bringing the total up to R4007 and if the 17% for 2016 is granted, you would pay R4688 , almost 5 times as much as 8 years ago.

The clients that bought a Solar Geyser back then would have saved (at 30% average) R4590 the first year but if they did not, by 2016 they would have paid R95 000 more on electricity already.

Eskom will get an increase every year, even if it is at least in line with inflation and as you can see, it’s been higher than inflation for 8 straight years.

You can see this comparison table on our website blog


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