First Take SA

City Power objects to Eskom's proposed 66% tariff hike


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City Power has strongly objected to Eskom's proposed 66% tariff hike over the next three years. Instead, the utility company recommends an 11% increase for each of the application years. Frank Hinda, General Manager for Pricing & Tariffs at City Power, told our Senior Producer Ronald Phiri that the proposed 11% tariff hike is based on a thorough analysis of Eskom's costs and revenue requirements...

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