Joburg residents to pay higher tariffs from July
Jozi residents brace yourselves for water and electricity tariff hikes.
The City of Johannesburg is still balancing its budget for the year but city officials say 76% of their budget has to come from revenue the city raises.
Speaking to Joanne Joseph, EWN reporter Gia Nicolaides said electricity will rise by 7% starting from the 1 July.
The reasons for this is largely a pass-through cost based on the application by Nersa. This is because of Eskom's increase of 6.8%.Gia Nicolaides, EWN Reporter
At the same time, City Power has been given a R1 billion budget - 25% more than last year - to deal with a number of issues in the city.
Nicolaides added that water, sewerage and sanitation will go up by 14.2%.
Refuse tariffs will also go up by an average of 6.8% and this is all for the new 2018/2019 financial year.Gia Nicolaides, EWN Reporter
Listen below to the full interview:
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