The National Energy Regulator (Nersa) announced the tariff increase yesterday which allows the utility to recover R11.2 billion.
Eskom had wanted to recover R22,8 billion and says it's now in a difficult position.
The Chamber of Mines says job losses and restructuring at mining companies are a last resort, but may be a consequence of the tariff hike.
Spokesperson Charmane Russel said, “Our concerns remain in place but certainly the tariff hike that was agreed to is far more palatable than the 16 percent that was asked for. It is still high though if you take a look at the fact that the electricity price increases have gone up by about 300 percent in our industry over the last seven years.”
