The Nelson Mandela Bay Business Chamber welcomes the National Energy Regulator (Nersa)’s decision to reject Eskom's application to hike electricity tariffs by an additional 9.58%.
It is good news for businesses in Nelson Mandela Bay that Nersa declined an application by Eskom to raise the price of electricity from July 1 (Wednesday), particularly in the current economic climate when we can ill afforded another hike at this point in time.
This is a triumph on behalf of organised business and the citizens of the country and most definitely for this Business Chamber who has doggedly pursued any opportunity to protect their members and the broader business community in Nelson Mandela Bay by submitting position papers and attending all public hearings availed to them over the past decade.
We certainly feel vindicated by the outcome of Nersa’s rejection. We wish to acknowledge and appreciate the hard work and dedication of our Strategic Resources Task team and the leadership of the Business Chamber in pursuit of the objective of ensuring minimum impact on our economy and sustainability and competiveness of our businesses.
This follows last week’s Nersa public hearings at the Nasrec Expo Centre in Johannesburg, which was attended by a delegation representing the Nelson Mandela Bay Business Chamber. Both Nelson Mandela Bay Business Chamber Strategic Resources Task Team Chairman Angus Clark and Deputy President MC Botha presented in opposition of higher electricity tariffs at the public hearings.
We do not believe, however, this is a long-term solution and encourage business and citizen alike to pursue more sustainable renewable energy solutions for their business and homes.