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South Africa’s big energy users want review of Eskom tariff hike | SA News

South Africa’s biggest energy users criticised a R54 billion ($3 billion) settlement between the state power utility and regulator and called for a review of the process to determine electricity prices.

The agreement reached between Eskom and the National Energy Regulator of South Africa last week over a tariff award — found to be based on incorrect data — will drive up electricity prices, adding to an eight-fold surge in power costs since 2008, according to the Energy Intensive Users Group.

Read: Nersa confirms R54bn secret settlement with Eskom

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