It’s no April Fool’s joke. From Thursday 1 April 2021, consumers who receive their electricity directly from Eskom, will have to pay more money for a perennially unreliable service. The energy provider was granted permission to increase tariffs by slightly more than 15% by the North Gauteng High Court on February 17.
The court ordered that an amount of R10 billion be added to Eskom’s allowable revenue in the 2021/2022 financial year, which begins on Thursday. The revenue is meant to be collected from tariff-paying customers.
RECOVERING COSTS AND EASING THE ESKOM BURDEN ON GOVERNMENT
Eskom said the High Court order “contributes to the ‘user pay’ principle and will probably ease the financial burden of “supporting Eskom on the government, releasing the government to focus on other priorities”.
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