Once the hike comes into effect, electricity consumers who use up to 30 units of electricity per month will now have to pay Rs 3.34 per unit, up from Rs 3.25 per unit earlier.
Despite renewable power from IPPs sometimes costing less than that from coal, Eskom s General Manager for regulations, Hasha Tlhotlhalemaje has justified the price hike by laying blame at their feet.
The cost of electricity in Spain will hit a new historic peak, reaching an average of 291.73 euros ($330) per MWh, the Iberian Peninsula electricity market operator OMIE reported on Tuesday.