Eskom hikes electricity tariffs, fuel price expected to increase
The cost of electricity is not the only one going up this month.
Eskom is hiking the tariff by 15.6 percent on Thurday.
Earlier this year, the High Court ruled that an additional R10 billion in Eskom's revenue should be allowed for this financial year.
It was after the National Energy Regulator of South Africa was ordered to review its previous decisions on Eskom's Price Determination Regulatory Clearing Account applications.
South Africans can also expect a significant fuel price increase.
The Automobile Association's Layton Beard said: "The additional 27 cents to the General Fuel Levy and Road Accident Fund levies announced by Finance Minister Tito Mboweni in February come into effect in April and will add extra costs to every litre of fuel purchased, in addition to the increased monthly adjustment."
READ: Buckle up, over 2000 vehicles per hour to enter KZN this Easter
"With the increase to the levies factored in, petrol could rise by as much as R1 a litre, and diesel by 66 cents a litre. The levies are not added to the cost of illuminating paraffin."
The Department Energy is expected to release the price adjustments before they come into effect on Wednesday.
