Further tariff increases would exacerbate Eskom’s death spiral – EIUG

The Energy Intensive User Group (EIUG) of Southern Africa, whose members account for about 40% of electrical energy consumed in the country, has warned that increases to electricity tariffs will exacerbate State-owned power utility Eskom’s “death spiral”. The EIUG is participating in the National Energy Regulator of South Africa’s (Nersa’s) public hearings into Eskom’s applications to claw back nearly R67-billion using the Regulatory Clearing Account (RCA) mechanism.