Affordability concerns come to fore as Eskom outlines case for 20.5% hike

State-owned electricity utility Eskom has again insisted that its 2022/23 allowable revenue application, together with already approved regulatory clearing account (RCA) determinations, will translate to a hike of 20.5% in the standard tariff from April 1 if granted in full by the regulator. Speaking during the first day of public hearings into the single-year application, being adjudicated in line with a recent court judgment, Eskom CFO Calib Cassim said that the application did not include several other amounts that might be due to Eskom, but which had not yet been confirmed by the National Energy Regulator of South Africa (Nersa) or settled through court processes.