eNCA | Eskom Wants Yearly Increases for Five Years
77 views · Published 3 November 2012 · 1:31 · Indexed 28 October 2026
Channel: eNCA · 2012 · News & Politics
For more stories visit http://www.enca.com/videos Cape Town, November 3 -- Eskom is planning to increase electricity prices by 16 percent a year for the next five years, starting in April 2013. Eskom says this will go towards urgent maintenance, which it will also contribute towards by cutting erroneous costs. The National Energy Regulator has told parliament it is concerned about the impact of the proposed hikes on industry and employment.
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