GEORGE NEWS - Georgians will have to prepare themselves for a more than 13% increase in electricity tariffs.
This came to light at the tabling of the annual budget for the next financial year, at a special council meeting today.
Mayor Melvin Naik said central to the poor performing state of economy was the load shedding experience throughout the country.
"This occurrence had a negative effect on our income because many people are moving off the grid and installing PV (Photovoltaics*). The consequence was that we have an almost 3% drop in electricity income," said Naik.
Read Naik's full speech on the new budget.
The following services charges and other tariff increases will take effect from 1 July:
- Electricity 13,07%
- Water 6%
- Sanitation 8,5%
- Refuse 9%
- General tariffs 5%
The average increase in rates and taxes is 7,31%. The operating expenditure has increased from R1 963-billion in 2018/19 (February adjustments budget) to R2 270-billion in 2019/20.
The operating revenue increases from R2,059-billion to R2,279-billion.
Appearing for the first time in her capacity as a SAC councillor, Mercia Draghoender (left) gave the DA a go during the tabling of the Integrated Development Framework - another item on today's agenda. "I don't want to know what will happen, I want to know what happened. I want dates," she said. Photos: Michelle Pienaar
* A photovoltaic system employs solar panels, each comprising a number of solar cells, which generate electrical power.
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