South African households pay 83.4% more for electricity than big businesses, while small businesses are charged even higher tariffs, according to data from GlobalPetrolPrices.com.
The website regularly analyses and compares energy prices in roughly 150 countries using information from official sources, including Eskom and the National Energy Regulator of South Africa.
As of December 2024, it found that the average price of a kWh of residential electricity in South Africa was about R3.71.
Local residential electricity prices were 17.25% higher than the world’s average tariff and 49.83% more than the average price in Africa.
Business electricity prices were substantially cheaper at R1.80 per kWh and also better than in most countries.
The rate is about 35% lower than the world’s average business rate and 11% cheaper than Africa’s. However, not all businesses are getting equal treatment.
Click here to read the full MyBroadband article.
[Image credit: MyBroadband]
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