text: Eskom have again applied to NERSA for an urgent 17%  increase in tariffs for 2019/2020 in an attempt to make up a R27.323 billion shortfall, Eskom is citing lower returns due to lower sales volumes as main reason for needing this price hike. The lower sales volumes is directly related to load shedding and Eskom's failure to maintain capacity. The price hike application is open for public participation until 20 January 2020. In NERSA has opposed an Eskom application to receive an additional R69 billion government bailout whilst Eskom is challenging NERSA's denial of an additional price increase for 2020/21 of 16% instead of the 8.1% price increase already approved by NERSA. During court proceedings with NERSA Eskom stated that this finances might collapse triggering a debt crisis for the South African government that has guaranteed Eskom's debt. Public Enterprises Minister Pravin Gordhan has stated that corruption and cost overruns during the construction of Medupi and Kusile power stations has resulted in a fourfold increase in electricity prices.
  An additional increase of 20.5% was approved by NERSA and announced by Eskom to take effect from 1 April 2022. This price raise was criticized by the mayor of Cape Town, Geordin Hill-Lewis as damaging to the economy and requested that it not be implemented.