Electricity price to be hiked by 14,9% for Durban residents eThekwini Municipality has announced its proposed property rates and electricity price increases in its draft 2021/22 budget. eThekwini Municipality has announced double digit price hikes for electricity in its R52 billion draft 2021/22 budget saying it has kept the increases “at an all time low” despite having to pass on Eskom’s price inflation. Mayor, Mxolisi Kaunda, said the tariff increases were mainly due to Eskom electricity price inflation and the Umgeni Water Board’s bulk tariff increase which were above inflation and...