EDITORIAL: Moving faster on renewables could clip wings of soaring power prices
The high cost of producing electricity from inefficient coal-fired power stations increases the potential benefit of switching
03 April 2024 - 05:00
Eskom’s standard electricity tariff increased about 12.7% on Monday. At more than double the rate of headline inflation, this was still about half of what Eskom wanted.
The state-owned power utility applied to the National Energy Regulator of SA (Nersa) for electricity tariff hikes of 32% last year and 22.5% this year to bring, as Eskom argued, SA’s electricity prices closer to “cost-reflective” levels...
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