Eskom Asks South Africa Regulator for 36% Power-Price Hike
- Utility seeks increase for fiscal year starting April 1, 2026
- South African power costs have tripled over the past 14 years
Eskom has for years struggled to provide consistent electricity supply.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa’s state-owned power utility asked the electricity regulator for permission to raise prices by 36% in its 2026 financial year, far exceeding inflation in the continent’s most industrialized economy.
Eskom Holdings SOC Ltd. told the National Energy Regulator of South Africa that it sought the hike because prior increases were “inadequate” for its financial needs, it said in a submission to Nersa. The nation’s annual inflation rate for August was 4.4%.