Eskom tariff hike hearings underway
The power utility says the tariff hike is needed to strike a balance for the country’s infrastructure.
CAPE TOWN - Eskom on Tuesday argued its tariff hike application is as fair and low as possible.
Public hearings got underway at the Cape Town International Convention Centre on Tuesday morning under the support of the National Energy Regulator of South Africa.
The power utility have applied to have the national tariff increased by 16 percent a year over the next five years.
Eskom boss Brian Dames said the power utility's application strikes an optimal balance for the country.
It's become a well-rehearsed statement for Eskom managers.
He added the company is acutely aware of the impact these increases are having, especially on the poor.
He reminded the audience that the country needed to look beyond the current power station build programme and insisted increases have been kept as low as possible.
He said the country would suffer far more without electricity and increased infrastructure.