Residents to pay more for BCM electricity
Metro wanted a 6.84% hike but Nersa said only 5.1%
BCM’s projected revenue collection for the current financial year decreased by R21.2m after the National Energy Regulator of South Africa (Nersa) did not approve a 6.84% hike on electricity tariffs. BCM applies annually to Nersa to OK its electricity tariffs. This year, instead of the 6.84% across-the-board increase it wanted, Nersa approved an increase of 5.