NERSA Tariff Increase Comes at Inappropriate Time
www.MyPE.co.za: The
electricity tariff increase approved today by NERSA comes at a time
when business and consumers alike are struggling to recover from the
recent recession and subsequent economic constraints. It is likely to
be a factor in job losses (the SA Chamber of Commerce &
Industry – SACCI – estimates that 250 000 jobs will be lost as a
consequence), as well as inflation, and puts a damper on disposable
income.
Nevertheless, we are pleased to see that due process has been followed
and that NERSA has taken account of the concerns of business and other
stakeholders in approving a lower increase than what Eskom had
requested. The increase is around the level that business had been
anticipating.
The Chamber firmly believes that more needs to be done in managing
demand for electricity, promoting energy efficiency, and supporting
renewable energy generation.
In addition, PERCCI is supportive of exploring and investing in other
avenues of electricity generation such as solar and wind farms. “We
believe that this is the way forward – managing demand for electricity
while also increasing the generation of electricity through sustainable
and renewable sources,” said Kevin Hustler, PERCCI chief executive
officer.
Port Elizabeth Budget Accommodation
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