South Africa’s Big Energy Users Call for Review of Eskom Tariff Hike

South Africa’s biggest energy users have expressed dissatisfaction with a 54 billion-rand ($3 billion) settlement between the state power utility Eskom and the regulator. The users are calling for a review of the process used to set electricity prices in the country. The agreement between Eskom Holding and the regulator has raised concerns among major energy consumers. They believe that the current tariff hike is unjustified and could have negative implications for businesses and consumers alike. The users argue that a thorough review of the price-setting mechanism is necessary to ensure fair and transparent electricity pricing in South Africa.