Ramokgopa seeks to strike ‘delicate balance’ on Eskom tariffs, labelling mooted hikes …

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has labelled a mooted increase in Eskom’s electricity tariff of 36% “untenable” and “unaffordable” and has promised to work on an outcome that seeks to strike a “delicate balance” between the needs of consumers and Eskom’s financial sustainability. In his speech during a special Parliamentary debate, the Minister also reaffirmed the need to transition the Eskom tariff toward cost-reflectivity, highlighting the burden on taxpayers should the utility’s finances not be stabilised.