Eskom’s Electricity Prices Soar with New Tariffs

This week, consumers can anticipate an uptick in electricity prices as Eskom rolls out its new tariff, signaling an increase ranging from 12.72% to 12.74%. This adjustment comes after the National Energy Regulator of South Africa (NERSA) finalized the tariff increments back in December of the preceding year.

Outlined below are the specifics of these increases:

• For local authority tariff charges spanning from July 1, 2024, to June 30, 2025, the increase stands at 12.72%.
• For Eskom’s direct customers, the new rates apply from April 1, 2024, to March 31, 2025:
  • All tariff charges, except for the affordability subsidy charge, undergo a 12.74% increase.
  • Specifically, the Homelight 20A tariff experiences a 12.74% surge.
• The affordability subsidy charge escalates to 25.24%.

Eskom emphasized, “The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge.” This subsidy charge is specifically aimed at supporting the Homelight 20A tariff and is determined by NERSA. It’s worth noting that this charge is necessitated by historically lower increases in the Homelight 20A tariff and is covered by non-municipal large industrial and urban tariffs.

Eskom clarified, “There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to NERSA for implementation in 2025/26.”

This week, consumers can expect to see an increase in their electricity bills as Eskom rolls out its new tariff, which will rise by approximately 12.72% to 12.74%. This comes after the National Energy Regulator of South Africa (NERSA) finalized the tariff adjustments back in December last year.

Breaking down the specifics:

• From July 1, 2024, to June 30, 2025, local authority tariff charges will increase by 12.72%.
• For Eskom’s direct customers, spanning from April 1, 2024, to March 31, 2025:
  • All tariff charges, excluding the affordability subsidy charge, will see a 12.74% increase.
  • Specifically, the Homelight 20A tariff will also experience a 12.74% surge.
• The affordability subsidy charge will rise to 25.24%.

Eskom stated, “The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge.” This subsidy is aimed at supporting the Homelight 20A tariff and is determined by NERSA. This charge compensates for historically lower increases in the Homelight 20A tariff and is covered by non-municipal large industrial and urban tariffs.

Eskom further explained, “There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to NERSA for implementation in 2025/26.”

This week, electricity consumers will notice a rise in prices as Eskom implements its new tariff, increasing by approximately 12.72% to 12.74%. This move follows the finalization of tariff adjustments by the National Energy Regulator of South Africa (NERSA) in December of the previous year.

Outlined below are the details of these increases:

• From July 1, 2024, to June 30, 2025, local authority tariff charges will increase by 12.72%.
• For Eskom’s direct customers, the new rates will apply from April 1, 2024, to March 31, 2025:
  • All tariff charges, except for the affordability subsidy charge, will undergo a 12.74% increase.
  • Specifically, the Homelight 20A tariff will see a surge of 12.74%.
• The affordability subsidy charge will rise to 25.24%.

Eskom emphasized, “The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge.” This subsidy is designed to support the Homelight 20A tariff and is determined by NERSA. It’s important to note that this charge is necessitated by historically lower increases in the Homelight 20A tariff and is covered by non-municipal large industrial and urban tariffs.

Eskom clarified, “There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to NERSA for implementation in 2025/26.”

This week, consumers will see an increase in electricity prices as Eskom introduces its new tariff, which will rise by approximately 12.72% to 12.74%. This change comes after the National Energy Regulator of South Africa (NERSA) finalized the tariff adjustments in December of the previous year.

Here’s a breakdown of the increases:

• From July 1, 2024, to June 30, 2025, local authority tariff charges will increase by 12.72%.
• For Eskom’s direct customers, the new rates will be applicable from April 1, 2024, to March 31, 2025:
  • All tariff charges, excluding the affordability subsidy charge, will experience a 12.74% increase.
  • The Homelight 20A tariff will also undergo a 12.74% increase.
• The affordability subsidy charge will escalate to 25.24%.

Eskom stated, “The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge.” This subsidy aims to support the Homelight 20A tariff and is determined by NERSA. Notably, this charge compensates for historically lower increases in the Homelight 20A tariff and is borne by non-municipal large industrial and urban tariffs.

Eskom clarified, “There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to NERSA for implementation in 2025/26.”

This week, electricity consumers will face higher bills as Eskom rolls out its new tariff, marking an increase of approximately 12.72% to 12.74%. This adjustment follows the finalization of tariff revisions by the National Energy Regulator of South Africa (NERSA) in December of the preceding year.

Here are the specific changes:

• From July 1, 2024, to June 30, 2025, local authority tariff charges will rise by 12.72%.
• For Eskom’s direct customers, the new rates will apply from April 1, 2024, to March 31, 2025:
  • All tariff charges, except for the affordability subsidy charge, will increase by 12.74%.
  • The Homelight 20A tariff will also see a 12.74% increase.
• The affordability subsidy charge will climb to 25.24%.

Eskom emphasized, “The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge.” This subsidy is aimed at supporting the Homelight 20A tariff and is determined by NERSA. It’s important to note that this charge is necessitated by historically lower increases in the Homelight 20A tariff and is covered by non-municipal large industrial and urban tariffs.

Eskom clarified, “There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to NERSA for implementation in 2025/26.”