Electricity cost may rise

05 April 2007 - 02:00
By unknown

South Africans can expect electricity to become more expensive in coming years as one way to curb consumption, Saki Macozoma, chairman of the big business working group, said yesterday.

South Africans can expect electricity to become more expensive in coming years as one way to curb consumption, Saki Macozoma, chairman of the big business working group, said yesterday.

He said South Africans had become used to paying low prices for electricity and did not know how to limit consumption.

As demand was underestimated, a number of interventions needed to be put in place to curb the high usage, and hiking prices was one of them, he said. - Sapa