Power & Energy News

More Eskom Electricity Price Hikes May Be On The Way

08/07/2014 P&E News,Solar,Uncategorized Comments Off on More Eskom Electricity Price Hikes May Be On The Way

More tariff hikes on the cards:

The National Energy Regulator of South Africa (NERSA) last week quietly announced that Eskom has been given permission to raise electricity prices next year above the 8% previously granted, in order to recover over R8bn in losses from consumers.

This just proves again that going solar is fast becoming a necessity, and that solar water heating should be sold as such. Currently repayment periods is sitting at an average of between 2 and 3 years, these increases will further reduce the repayment periods.

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