Eskom tariff hike comes into effect in April

GAUTENG – Consumers (both businesses and home owners) will now have to dig deeper into their pockets when they pay for electricity as the 18,65% Eskom tariff hike came into effect on 1 April 2023. The hike was approved by the National Energy Regulator of South Africa (NERSA) in January 2023. The tariff increase for municipalities will be 18.49% for the 2023/2024 financial year and the April increase also affects those supplied directly by the power utility for now.