So Eskom’s been granted increases of 24.8%, 25.8% and 25.9% for the next 3 years. Not as big as they wanted but still significant. What does it mean for us as consumers? There is a beautiful little rule called the “rule of 72″ which states if you want to know how quickly something will double in value/cost you need to divide the number into 72. So based on this, an increase of 25% means that the price of electricity will...
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