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Electricity and Energy Minister Kgosientsho Ramokgopa speaking at an event.
Electricity and Energy Minister Kgosientsho Ramokgopa says the government is moving to make electricity more affordable with no load shedding expected this winter.
Minister Ramokgopa says a new national electricity pricing policy is in the final stages of development.
The aim is to create a “fair and affordable” price structure to protect struggling households from the effects of recent tariff hikes.
Since the start of April, Eskom’s direct customers have been hit with an 8.76% increase.
Municipal customers are next with a hike of just over 9% in July.
“The lights might be on or available, but it doesn’t mean that everyone can afford. So, that’s the next piece of the puzzle that we want to resolve. I’ve gone out publicly to say that they were finished. Our internal paper that we are taking to cabinet in relation to how we address the price of an electricity, there is a category of users that were identified with the consumers rather. So, the 1st is the energy intensive users. These are huge industries, the big part of their fixed cost is the cost of electricity, the more electricity increases, the greater they become uncompetitive. They might lose market share.”
VIDEO | Eskom briefs media on the state of the national grid:
