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Municipalities to feel the heat as Nersa caps electricity tariffs

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The WWF has said that solar energy could contribute to the supply of electricity in SA. (Duncan Alfreds, News24)
The WWF has said that solar energy could contribute to the supply of electricity in SA. (Duncan Alfreds, News24)

Johannesburg - Municipalities relying on an electricity tariff hike are likely to feel the crunch after Nersa ruled on a cap at 1.88% for the 2017/18 financial year, the Organisation Undoing Tax Abuse (OUTA) said on Thursday.

OUTA welcomed the decision by the National Energy Regulator (Nersa) to cap municipal electricity tariff increases at 1.88%, down from an annual increase of 9%.

OUTA energy director Ted Blom said most municipalities were budgeting for increases well above inflation of 6% – with some larger entities posting budgets above 10%.

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