Energy regulator Nersa confirmed in a statement THIS WEEK that it has entered into a settlement with Eskom, following the mistakes it made in determining the utility's revenue for the current and next two financial years. As a result, consumers will have to cough up R54 billion more through higher electricity tariffs, phased in over 2 years. Electricity tarriffs, that had been set to rise at 5,4% and 6.2% are now expected to increase by 8,8 each year in 2026/27 and 2027/28.This is three times higher than the anticipated consumer inflation rate.
To help us understand this Bongiwe Zwane spoke to  Prof. Samson Mamphweli, energy expert from the South African National Energy Development Institute