https://www.engineeringnews.co.za
Energy|Power
Energy|Power
energy|power

Cape Town mayor objects to Eskom’s request for 20.5% tariff hike

13th January 2022

By: Bloomberg

  

Font size: - +

Cape Town is asking South African state-owned power utility Eskom Holdings SOC Ltd. to withdraw its request for a 20.5% increase in tariffs for 2022/23, saying residents of the country’s second-largest city can’t afford the hike.

“That is totally unfordable, unfair and will do profound damage to our economy and families here in Cape Town,” Geordin Hill-Lewis, mayor of Cape Town, said on the Democratic Alliance’s Twitter account. The DA is the country’s opposition party and governs the Western Cape province.

Any increase should be capped at or below the inflation rate of 5.5% because Eskom has had “huge” tariff hikes in recent years and the utility should offer relief instead of raising prices, Hill-Lewis said.

Cape Town wants to cut reliance on Eskom by securing about 450 megawatts from renewable sources, the city’s executive director of energy and climate change, Kadri Nassiep, said in July.

The proposed tariff hike shows why it’s important to reduce reliance on Eskom, put an end to rolling blackouts in Cape Town and reduce prices over time, Hill-Lewis said on Thursday.
 

Edited by Bloomberg

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.122 0.174s - 176pq - 2rq
Subscribe Now