City Power's Frank Hinda spoke with eNCA's Clement Manyathela about the increase in residential electricity rates. Courtesy of #DStv403
JOHANNESBURG - As consumers attempt to adjust monthly budgets due to fuel hikes, it seems pockets will be hit hard by increased energy costs too.
City Power has increased residential prepaid tariffs by 14.59 percent.
This is in line with guidelines by the National Energy Regulator of South Africa.
This means customers consuming 350kWh per month will pay R75,61 cents more.
City Power says tariffs are increased annually and considers factors, including the increase allowed to Eskom as a bulk supplier and inflationary adjustments to City Power's operating costs.
Source
eNCA
