Cabinet approves release of revised electricity pricing policy and market transformation paper for comment

Cabinet has approved the publication of the much-anticipated Revised Electricity Pricing Policy for public comment, amid growing affordability concerns following years of above-inflation tariff hikes. The statement released after the July 29 Cabinet meeting indicates that the proposed revision moves to update the 2008 Electricity Pricing Policy in a way that reflects developments in the electricity supply industry, including ongoing market reforms arising from the unbundling of Eskom and the implementation of the Electricity Regulation Amendment Act of 2024.

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