Eskom will have to state their case to Nersa on R22 billion it needs and 16.6% tariff hike as public hearings into tariff increases commence.
702's Xolani Gwala spoke to EWN reporter, Gia Nicolaides, about the issue.
Listen to the interview below:
Their arguement to Nersa will be that they had to do that because of the impact that would come if they opted for loadshedding.— Gia Nicolaides, EWN reporter
They also had a revenue loss of about R12 billion and they are trying to claw back that money while keeping things going for the last ten months.— Gia Nicolaides, EWN reporter
They are saying that they need 16.6% tariff hike. So you can imagine as a consumer what it's going to be like with the food inceases.— Gia Nicolaides, EWN reporter
The reasoning has to be clarified. Eskom will have to prove that they didn't spend the money recklessly.— Gia Nicolaides, EWN reporter