How is electricity priced in South Africa?
Loading player...
A large part of South Africa’s electricity prices is consists of government levies and costs that are out of Eskom’s control.
That is according to independent regulatory and tariff consultant Deon Conradie, who told Sunday newspaper Rapport that the electricity tariff is used much like petrol prices in the country.
Like the general fuel levy, the electricity price is loaded with fees that the government uses for other purposes.
Conradie’s comments come after Eskom confirmed it was seeking a 20.5% electricity price increase for the 2022/2023 financial year.
Conradie explained that the price determination process did not adequately consider that Eskom had no control over costs such as the growing amount Eskom is paying for electricity from independent power producers, an environmental levy, and coal taxes.
That is according to independent regulatory and tariff consultant Deon Conradie, who told Sunday newspaper Rapport that the electricity tariff is used much like petrol prices in the country.
Like the general fuel levy, the electricity price is loaded with fees that the government uses for other purposes.
Conradie’s comments come after Eskom confirmed it was seeking a 20.5% electricity price increase for the 2022/2023 financial year.
Conradie explained that the price determination process did not adequately consider that Eskom had no control over costs such as the growing amount Eskom is paying for electricity from independent power producers, an environmental levy, and coal taxes.
