Electricity, fuel hikes will impact debt-stressed consumers

consumers had every right to feel hard done“The fact that electricity is increasing at almost three times the rate of inflation is something that nobody in government seems to care about nor about the fact that a whole range of additional taxes and levies are being added to the petrol price to take it to a historical high.

“Consumers are no longer able to fund the lavish lifestyles and corrupt practices of our government who, despite yearly tariff increases, have shown to be unable to keep the lights on.”Dawie Roodt, chief economist with the Efficient Group, said the Eskom tariff increase will be the first of many to come.

“Eskom is hopelessly bankrupt, it is corrupt and is massively overstaffed and the majority of their power stations would require billions of rand toRoets said the increase in both the fuel and electricity prices was not only going to hit consumers, but alsoNersa approves energy tariff hikes “This is without a doubt one of the most difficult periods that consumers have been subjected to for a very long time.

“We are seeing daily records being set by the number of distressed consumers who are knocking on our doors the be“For many, even that is no longer an option because they have become unemployed as businesses that employed them have had to shut their doors.”

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