electricity tariffs

A report on Fin24 quoting Nersa regulatory specialist, Charles Geldard, states; "The warning from Nersa came after the committee heard this week that certain major municipalities were adding mark-ups of several hundred percent to Eskom's megaflex tariff. "According to [a study by] the Energy Intensive Users Group (EIUG) of Southern Africa, the figure was 692% in the City of Tshwane in the past financial year, and 548% in Nelson Mandela Bay Municipality." At first read the numbers in the … [Read more...] about 548% markup on electricity component by Nelson Mandela Bay Municipality