Petition Against Eskom Proposed Tariff Increase

Petition Against Eskom Proposed Tariff Increase

Overstrand Municipality is objecting to Eskom’s application for a 20,5% tariff increase in the 2022/2023 financial year.

Eskom’s proposed increases of 20.5%, 15.07% and 10% for the next three years are going to have a detrimental impact on the economy given that electricity underpins a number of key sectors.

An increase in line with the consumer price index (CPI) of 5.5% would have been a more reasonable tariff increase for Eskom.

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