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Eskom tariff increase approved by regulator for 2027

The tariff increase will start from 1 April after the National Energy Regulator (NERSA) approved an average rise of 8.76% for the 2027 financial year, the power utility confirmed in a public statement, reports Cape {town} Etc.

Many households already managing tight budgets will see higher monthly accounts, while municipalities that purchase bulk power will set their own tariffs for residents.

Also see: President Cyril Ramaphosa deploys SANDF to protect Eskom power stations

The utility framed the adjustment as necessary to sustain the grid and maintain supply.

‘We have been clear in communicating that [the utility] is working to ensure that future tariff increase requests remain reasonable, recognising the affordability pressures on both residential and business customers,’ said the utility’s group chief financial officer, Calib Cassim.

Also see: How relatable! Even Cassper Nyovest feels the pain of expensive electricity

Community groups we spoke to expressed concern about household budgets and asked for clearer municipal communication on billing changes.

The regulator said the revision supports long-term sustainability of the electricity system and aims to secure investment in generation and distribution.

Customers who buy directly from the utility can view the full tariff schedules and explanatory notes on its website at the link above, and those purchasing via municipalities should await local announcements for exact charges and timelines.

Compiled by Angelica Rhoda 

First published on Cape {town} etc

Also see: President reveals 10-point plan for ‘economic emergency’

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