Eskom Approves 8.76% Electricity Tariff Hike
Johannesburg News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Eskom approves 8.76% electricity tariff increase, starting April 1, 2026. The hike, approved by Nersa, corrects an earlier figure and follows Eskoms request for larger rises. Municipalities will pass on a 9.01% increase from July 1, 2026. While this adds strain to households and businesses, subsidies remain for low-income homes and rural areas. Eskom reports better finances with a pre-tax profit last year and improved energy availability. The increase aims to balance affordability with long-term grid improvements and debt reduction.
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