ESKOM to pursue shortfall with tariff increase?

Wednesday, August 23, 2017

After a prolonged court battle, Eskom has received the OK from the Constituional Court to pursue a R60 billion under-recovery, widely expected to be achieved through tarriff hikes next year.

Industry experts say this could be as much as 50% although unlikely in what is sure to be a huge public outrcry. Even so, increases of between 20% - 30% might be approved, hitting business and households signifcantly. Read more below - the time for investment into energy-saving products has never been more paramount and lighitng is often considered the low-hanging fruit...