Posts Tagged ‘NERSA’

Eskoms multi-year tariff increase approved by NERSA!

Tuesday, April 20th, 2010

The National Electricity Regulator of South Africa’s (Nersa) decision on Eskom’s multi-year tariff increase application elicited threats of strikes and serious concerns of job losses.  NERSA announced that it was granting Eskom a 24,8% tariff increase for 2010, 25,8% for 2011, and 25,9% for 2012.  Cosatu’s comment was that it was 4 times the current rate of inflation and totally unacceptable.

Many businesses which are already struggling for the last few years now will go out of business with these sorts of increase in costs.  This will in turn cause job losses which is not what we need right now.  Fedusa was equally outraged and disappointed. 

What businesses and home owners can do now is to minimise their electricity usage, for example the geyser is an electricity pig, eating all day.  If you are interested in cutting up to 30% off your electricity account, simply by cleverly managing your geyser, click here GeyserSmart

Electricity prices go through the roof!

Monday, April 19th, 2010

Nersa granted state-owned company Eskom a  24,8% tariff increase for the 2010/11 financial year. 

The increase is short in terms of what they requested which was 35%, but analysts have said that the effect on the economy will still be huge and effect us for 20 years ahead.

Eskom was also granted nominal increases of 25,8% and 25,9% respectively for the following two financial years.  Eskom wanted to hike electricity prices by 35% a year for three years, to help it raise R385-billion to build more plants and avoid the blackouts that crippled the industry in 2008.  People have to get clever now and start to save on electricity, click here to find out how you can start to save up to 30% on your electricity bill immediately Geysersmart