# Electricity prices in South Africa have surged by over one-thousand-percent since 2000 amid Eskom’s declining performance and mounting debt. In an outlined economic survey on electricity pricing challenges, the Organisation for Economic Cooperation and Development says historic below-cost pricing weakened Eskom, leading to repeated bailouts. In an article by the Daily Investor, the OECD says long-term solutions include boosting competition, investing in new technologies, and reforming tariff models to balance utility stability with consumer protection.
SA electricity prices soar 1,000-percent in two decades as tariff reform debate grows