POWER LunchNERSA APPROVES NATIONAL FREE BASIC ELECTRICITY RATE
The Energy Regulator, at its meeting held on 30 May 2024, approved a National Free Basic Electricity (NFBE) rate of 194.40c/kWh for the 2024/25 municipal financial year, effective from 1 July 2024.
The NFBE rate is the rate at which municipalities compensate Eskom for providing free basic electricity (FBE) units to qualifying customers.
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