{"id":63356,"date":"2024-03-29T16:52:39","date_gmt":"2024-03-29T16:52:39","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke"},"modified":"2024-03-29T17:36:38","modified_gmt":"2024-03-29T17:36:38","slug":"eskoms-12-price-hike-no-april-fools-joke","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke","title":{"rendered":"Eskom\u2019s 12% price hike no April Fools\u2019 joke"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Some consumers might believe it to be an April Fools\u2019 joke, but TimesLIVE can confirm that Eskom\u2019s 12% electricity price increase for the 2024\/25 financial year will kick in on April 1.<\/p>\n

The national power supplier said on Thursday it had approached the National Energy Regulator of South Africa (Nersa) in October last year to approve its retail tariff and structural adjustment application and the schedule of tariffs for the period from April 1 2024 to March 31 2025.It said on December 14 2023, Nersa determined the tariff increase for 2024\/25, applicable to Eskom\u2019s direct customer tariffs from April 1 2024 and to Eskom\u2019s tariffs for local authorities (municipalities) from July 1 2024, as follows:<\/p>\n

Local authority tariff charges \u2014 July 1 2024 to June 30 2025: 12.72%;<\/p>\n

Eskom direct customers \u2014 April 1 2024 to March 31 2025:<\/p>\n

All tariff charges except the affordability subsidy charge: 12.74%; and<\/p>\n

Affordability subsidy charge: 25.24%.<\/p>\n

According to Eskom the average increase applied to the key industrial and urban tariffs will be 13.29%, owing to the increase in the affordability subsidy charge.<\/p>\n

\u201cThe affordability subsidy charge is raised as a subsidy to the Homelight 20A tariff, and is determined by Nersa. This charge exists due to historically lower Homelight 20A tariff increases and is paid [for] by the non-municipal large industrial and urban tariffs,\u201d it said.<\/p>\n

\u201cThere are no tariff structural changes for 2024\/25. However, Eskom is considering a tariff restructuring submission to Nersa for implementation in 2025\/26.\u201d<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Some consumers might believe it to be an April Fools\u2019 joke, but TimesLIVE can confirm that Eskom\u2019s 12% electricity price increase for the 2024\/25 financial year will kick in on April 1. The national power supplier said on Thursday it had approached the National Energy Regulator of South Africa (Nersa) in October […]<\/p>\n","protected":false},"author":84,"featured_media":63355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[274,315,275],"class_list":["post-63356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nEskom\u2019s 12% price hike no April Fools\u2019 joke - South Africa<\/title>\n<meta name=\"description\" content=\"Some consumers might believe it to be an April Fools\u2019 joke, but TimesLIVE can confirm that Eskom\u2019s 12% electricity price ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eskom\u2019s 12% price hike no April Fools\u2019 joke\" \/>\n<meta property=\"og:description\" content=\"Some consumers might believe it to be an April Fools\u2019 joke, but TimesLIVE can confirm that Eskom\u2019s 12% electricity price ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-29T16:52:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-29T17:36:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2024\/03\/sm_1711720057.139925.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Eskom\u2019s 12% price hike no April Fools\u2019 joke\",\"datePublished\":\"2024-03-29T16:52:39+00:00\",\"dateModified\":\"2024-03-29T17:36:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke\"},\"wordCount\":239,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2024\/03\/sm_1711720057.139925.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/eskoms-12-price-hike-no-april-fools-joke\",\"name\":\"Eskom\u2019s 12% price hike no April Fools\u2019 joke - 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