Nersa says Eskom can increase charges more than previously approved

South Africa’s energy regulator said on Sunday that it granted State utility Eskom larger electricity rate increases for its next two financial years than originally set after admitting errors in its earlier calculations. Eskom’s prices will now rise 8.76% in April this year and 8.83% in April 2027 instead of 5.36% and 6.19%, regulator Nersa said in a statement.