Here’s how Nersa’s price hike will affect your bill, and how solar can help

Consumers will soon pay much more for electricity, but those who can afford it can turn to solar power for help. While Eskom is sorry for load shedding but thankful for the increase, consumers will suffer as they shoulder the burden of the first double digit increase in years. The National Energy Regulator of South Africa (Nersa) announced on Thursday that, based on the analysis of Eskom’s fifth multi-year price determination (MYPD5) revenue application for the 2023/24 and 2024/25 financial years, it had approved an 18.65% increase in electricity tariffs for the next financial year. How much more consumers will…

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