Nersa's shocking news

By Staff Writer
The National Energy Regulator of South Africa (NERSA) on Wednesday approved a 24.8 % increase in power tariffs effective 1 April 2010.
Nersa has also approved a 25.8% increase in power tariffs from 1 April 2011, with a third increase of 25.9 % on 1 April 2012.

And while this is still lower than the 35% increase that Eskom applied for, this increase will still make a dent in your pocket.

To see how big that dent will be we have made a quick calculation.

If your current monthly bill is R300 per month, you can expect to pay:

  • from 1 April 2010: R 374.40 pm
  • from 1 April 2011: R 471.00 pm
  • from 1 April 2012: R 593.00 pm

This means that your bill will in effect double over the next 3 years.

Yet another reason to plan a budget.

Recent Articles

Featured Can you afford an ambulance in South Africa?

When a loved one is straddling the line between life and death, you won’t hesitate to call an ambulance. This week, Justmoney found out how much an ambulance ride costs in South Africa, whether you can refuse to get into an ambulance, and who pays the bill if you’re unconscious. 

Read more

Discovery Vitality: The impact it had on my health

It’s nearly 30 degrees outside, but my windows are closed to prevent further wildfire smoke from entering my bedroom. I’m hopping around, squatting and lunging my way into my “cardio zone” so that I can earn 200 points on Discovery Vitality and meet my weekly activity goals.

Read more

Rand runs out of steam in lead-up to budget speech

For all the foreshadowing that was done last week in terms of the two big speeches by the head of states in the United States (US) and South Africa (SA), very little happened as a direct consequence thereof.

Read more

The cover you need at every age and stage

Insurance is often neglected during people’s twenties and inflated during their forties. So, which insurance products should you pursue at which age?

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

President Hotel Easter Special

Price: From R1,500
When: 15 March to 30 April
Where: Cape Town

Kulula-Preskil Island Resort Special

Price: R16,999
When: 11 May -14 September
Where: Mauritius

A Touch Of Madness Tuck In Tuesday Special

Price: R70
When: Tuesdays
Where: Cape Town