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.