The proposed changes form part of government's broader strategy to restructure South Africa's electricity sector.
Cabinet has approved the publication of a revised Electricity Pricing Policy and a draft Electricity Sector Market Transformation Position Paper for public comment, marking the latest step in South Africa's efforts to modernise the electricity sector and deepen reforms aimed at improving energy security and attracting private investment.
The announcements were made by Minister in the Presidency Khumbudzo Ntshavheni during the post-Cabinet media briefing on Thursday.
The proposed changes form part of government's broader strategy to restructure South Africa's electricity sector following the unbundling of Eskom into separate generation, transmission and distribution entities, while creating a more competitive electricity market capable of improving supply reliability and supporting long-term economic development.
The revised Electricity Pricing Policy updates the country's 2008 Electricity Pricing Policy to reflect major changes in the electricity supply industry, including the ongoing restructuring of Eskom and the implementation of the Electricity Regulation Amendment Act, 2024.
