Midvaal Local Municipality residents have aired their grievances about the high electricity increase that continues to negatively affect their lives.
The municipality in the southern region of Gauteng governs at least 38,046 households.
Electricity tariffs increase impactExecutive Mayor Alderman Peter Teixeira says the municipality experienced a high number of complaints days after the increase in electricity tariffs was implemented.
The electricity was increased by 12.72%, as approved by the National Energy Regulator of South Africa ( Nersa ). The implementation came into effect on 1 July 2024, resulting in residents across the country complaining about the added high cost of living.
He says according to independent estimates, the tariff increase is six times higher than the inflation rate, as electricity prices have grown by more than 450% since 2008. In 2023, economists Zaakirah Ismail and Christopher Wood claimed the 450% spike in electricity in a bulletin published by the South African Reserve Bank (SARB), reported Business Tech at the time.
