The power utility has been lambasted at public hearings into an application for a further R22.8 billion from the National Energy Regulator of South Africa (Nersa).
Big business, unions and civil society organisations say it will result in a 16 percent electricity price hike if approved.
Public Hearings into Eskom’s application for a further R22.8 billion from Nersa has heard claims an electricity price increase could result in a bigger migration towards alternative energy sources.
The Cape Chamber of Commerce and Industry’s Sid Peimer has also questioned Eskom’s use of diesel, which ballooned from a projected R2 billion to R8 billion in just one year.
