Big industries hoping to avoid higher tariffs if Eskom's massive hike is implemented next year

Stephen Grootes speaks to Tracey Davies, Executive Director at Just Share.

Listen to the interview in the audio player below. 

Eskom on Monday successfully delivered 200 consecutive days of uninterrupted power supply since 26 March 2024.

It's safe to say that loadshedding is no longer the biggest problem facing most South Africa when it comes to electricity.

The problem now is affordability. 

If the lights stay on, you've got to pay for it, but the problem is that electricity costs are rising sharply and becoming unaffordable for many households.

Eskom is wanting to hike tariffs by around 40%, which consumers will have to pay.

Despite many of the smelters at mines and energy producers have reportedly been given preferential tariffs, despite being the the largest consumers of electricity.  

Speaking to Stephen Grootes on The Money Show, Tracey Davies, executive director at Just Share says if big industries sign secret electricity deals to avoid tariff hikes, it'll further impact the South African consumer. 

"We know that Nersa has approved preferential pricing agreements for these customers of Eskom's,"

- Tracey Davies, executive director - Just Share

"It really is, quite frankly unacceptable from a taxpayer point of view for Eskom to be behaving in this way."

- Tracey Davies, executive director - Just Share

"There are jobs being lost left, right and centre across the country because electricity is so expensive."

- Tracey Davies, executive director - Just Share

Scroll to the top of the article to listen to the interview.