Eskom aims to retrieve billions in costs, causing tarriff hikes

Eskom wants to retrieve billions in costs, causing tariff hikes

Eskom officials are trying to justify why the power utility should be allowed to recoup nearly R67-billion in costs. 

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The Energy Regulator of South Africa is holding public hearings in Durban - into the power utility's application.

If Eskom's request is approved - it will result in an increase electricity tariffs. 

Eskom's Acting CFO, Calib Cassim says the amount they are seeking is a combined figure from over the past three years.

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