Public hearings into Eskom's tariff hike moves to Midrand today
Eskom's last stop in its countrywide public hearing process will start at Gallagher Estate this morning.
JOHANNESBURG - Public hearings into Eskom's application for a 16.6 percent tariff hike will start in Gallagher Estate in Midrand this morning.
The utility has argued its case to recover R22.8 billion in several cities across the country with Gauteng now the last stop.
The National Energy Regulator of South Africa (Nersa) will make a decision after businesses and members of the public aired their views about the proposed electricity price hikes.
Eskom maintains that it needs to recover R22.8 billion and that's why the 8 percent electricity tariff hike for this year is simply not enough.
The parastatal wants Nersa to double this so it can recover costs after spending billions of rand on diesel to operate open cycle gas turbines that have kept the lights on.
Several businesses and organisations will have today and tomorrow to state why an increase will not be viable for consumers.
Meanwhile, the utility's CEO Brian Molefe announced yesterday that Eskom doesn't expect to implement load shedding for the rest of summer and into winter.
Members from the Right2Know Campaign are expected to protest outside the hearings.
The Right2Know Campaign says the public should not pay for Eskom's bad management, inefficiency and wasteful expenditure.