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Joburg City Power increases electricity tariffs by 7.47%

By:  
Creamer Media Senior Deputy Editor
 
ELECTRICITY
City of Johannesburg electricity utility City Power said the National Energy Regulator of South Africa (Nersa) has approved its application for an average electricity tariff increase of 7.47%, which is essential to cover the increased cost of bulk purchases from Eskom, which increased by 8.61%, as well as to cover an inflationary adjustment, which increased by 4.4%, to City Power’s operating cost. City Power, after an extensive public consultation process, applied to Nersa for the average tariff increase, which will come into effect from July.
 
 
 
 
 

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