The Nelson Mandela Bay Business Chamber yesterday (June 24) delivered a powerful presentation in opposition of higher electricity tariffs in Nelson Mandela Bay.
The presentation was well-received on the last day of the National Energy Regulator (Nersa) public hearings for Eskom’s selective reopener application for the third Multi-Year Price Determination at the Nasrec Expo Centre in Johannesburg.
The Nelson Mandela Bay Business Chamber delegation consisted of Strategic Resources Task Team chairman Angus Clark and Deputy President MC Botha.
The Chamber’s presentation was titled “Increased cost and reduced reliability of electricity and its consequences on business”.
In receiving feedback, Nelson Mandela Bay Business Chamber CEO Kevin Hustler said the team reports that the presentations made at the public hearings were all very powerful having similar themes:
• Eskom has to give more information;
• The legality of the process is questioned;
• Concerns over the detrimental effects the increases would have on the economy - from the individual on the street to big businesses.
Hustler said the higher electricity tariffs would not only impact the cost competitiveness of businesses in Nelson Mandela Bay, but also the sustainability of these companies and therefore job security in the city.