Eskom to know today

ESKOM will know today whether the National Energy Regulator of SA has approved its requested 34percent interim price hike application.

ESKOM will know today whether the National Energy Regulator of SA has approved its requested 34percent interim price hike application.

The regulator confirmed that its decision would be made public today. It had fast-tracked the parastatal's application. An electricity subcommittee meeting to consider recommendations to the regulator took place on June 17.

The parastatal's interim application unleashed a wave of criticism from trade unions and civil society groups due to its anticipated effect on the poor.

The government appeared divided on whether the parastatal should be allowed to inflict the steep hike, with Public Enterprises Minister Barbara Hogan urging for it. Energy Minister Dipuo Peters, however, warned against putting up prices too quickly. - Sapa

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