Can the citizens of South Africa withstand such massive electricity price increases? Eskom has just released its tariff increase proposals that propose that electricity could rise 16% a year for the next 5 years.
Rising electricity prices have a ripple effect, causing a general rise in the price of goods – however, it is unlikely that salary increases will be 16% a year for the next 5 years, or that pensions and social grants will rise 16% a year over the next 5 years?
For more info on the tariff increases http://www.engineeringnews.co.za/article/eskom-seeks-yearly-increases-of-16-to-2018-2012-10-22
The Green Connection encourages all South Africans to raise your voices – let your opinions be heard?
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