South Africa's Eskom Allowed to Lift Prices a Third of What It Wanted
South Africa's energy regulator allowed state-owned Eskom Holdings SOC Ltd. to raise electricity tariffs by 12.7%, well below the amount requested by the debt-laden utility that's trying to turn around its finances.
The adjustment is a fraction of the 36% increase that Eskom asked for from the National Energy Regulator of South Africa. The utility had increases approved for three financial years: 12.7% for the year to March 2026, 5.36% for 2027 and 6.19% for 2028, the Pretoria-based regulator said in an online briefing on Thursday.
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