Eskom’s own survival at risk should big hikes be permitted, EIUG warns

The Energy Intensive User Group (EIUG) has added its voice to the overwhelming chorus of societal opposition to Eskom’s latest tariff submission, warning on Tuesday that above-inflation hikes would have “immediate, catastrophic and irreversible” consequences for South Africa’s mining and industrial companies. Eskom has submitted a revised application in which it is requesting the National Energy Regulator of South Africa (Nersa) to approve an increase of 17.1% from April 1 in addition to the 4.41% increase already approved for the year, following the 2018 adjudication of three Eskom Regulatory Clearing Account (RCA) applications.