In the next three years, South Africa’s national power company may increase electricity prices by 60%

International Energy Network News: According to the Energy Intensive Users Group, by 2016, the South African state-owned power company South Africa’s national power company may increase the average power price to approximately 75 cents to 80 cents per kilowatt-hour.

The group said in a statement that this will mean that electricity prices will increase by 50% to 60% in the next three years. The group, which represents BHP Billiton and Anglo American, said that South Africa’s state power company’s cash position “looks good” and should not increase electricity prices excessively.

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