The price of electricity will increase this week, following Eskom’s implementation of its new electricity tariff of between 12.72% and 12.74%.
This was after the National Energy Regulator of South Africa (NERSA) determined the increases in December last year.
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The increases are as follows:
- Local authority tariff charges: 1 July 2024 – 30 June 2025: 12.72%
- Eskom direct customers: 1 April 2024 – 31 March 2025:
- All tariff charges except the affordability subsidy charge: 12.74%.
- Homelight 20A: 12.74%.
- Affordability subsidy charge: 25.24%
“The average increase applied to the key industrial and urban tariffs will be 13.29% due to the increase in the affordability subsidy charge. The affordability subsidy charge is raised as a subsidy to the Homelight 20A tariff and is determined by NERSA,” said the power utility.
“This charge exists due to historically lower Homelight 20A tariff increases and is paid by the non-municipal large industrial and urban tariffs.
“There are no tariff structural changes for 2024/25, however, Eskom is considering a tariff restructuring submission to NERSA for implementation in 2025/26,” said Eskom.
