Last year alone, load shedding cost the economy R17.57 billion. The power utility is asking energy regulator Nersa to approve an increase in tariffs of more than 20%.Photo: Supplied/Archive
Eskom will talk to government about possible subsidies to mitigate the impact of a 20.5% increase that it wants to introduce in April.
This is according to Calib Cassim, the head of finance at the power utility, in response to questions about how struggling South African consumers, who are already reeling from constant price increases, can possibly cope if the application succeeds.
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