Changes to make electricity cheaper and prices clearer coming to South Africa

• South Africa's revised electricity pricing policy aims to reduce the cost of electricity while ensuring that tariffs remain cost-reflective.
• The policy updates the 2008 Electricity Pricing Policy to reflect developments in the electricity supply industry, including ongoing market reforms linked to the unbundling of Eskom and the implementation of the Electricity Regulation Amendment Act, 2024.
• The government's plans are expected to lead to greater competition in the electricity market, with a focus on introducing new generators and bilateral arrangements between generators and off-takers.