South African electricity prices increased 900% in 19 years and it is set to continue
- Electricity prices in South Africa have risen by 900% since 2007, with the government's new Electricity Pricing Policy lacking a concrete implementation framework to lower tariffs.
- The policy aims to ensure cost-reflectivity, affordability, and transparency, but provides no roadmap to achieve these objectives.
- The lack of a clear roadmap to lower tariffs comes as millions of South African households and businesses struggle with high electricity costs.
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