New levy proposed for ‘wealthy’ households in Johannesburg
Updated | By Jacaranda FM
If your home is worth more than R350,000, you might have additional levies to pay.
The City of Johannesburg has proposed the ‘recycling levy’ as part of its 2021/2022 tariff changes which you can have a look at here.
The new recycling levy is separate from the refuse levy and will cost you an additional R50 per month. The proposal suggests that only 'affluent' households with properties worth R350,000 and more will be charged this levy.
"Affluent households at various suburbs excluding those located in areas classified as township and informal settlements will be charged additional levy at an amount of R50 per month for all properties with a market value above R350 000." - the proposal states.
Also See: Huge increase in fuel price a blow to cash-strapped consumers
According to the city’s waste management bylaws, it is mandatory for every household within the City of Johannesburg’s jurisdiction to separate waste at their homes and businesses.
With the recent electricity tariff increases, as well as the fuel price increase, South Africans are bound to feel the pinch. The City has also proposed an electricity tariff increase of an average of 14.59% for FY21/22, subject to NERSA processes.
The proposed tariff increase is based on the following principles:
(1) All service and capacity charges (Rand/month) across all customer categories are proposed to be increased by 14.59%. The proposed increase to service and capacity charge is aimed at achieving greater balance between City Power’s revenue and cost structure by gradually increasing the contribution with a fixed income to more effectively compensate for the proportionally higher fixed cost structure of our operations.
(2) All large power user (LPU) demand charges (Rand/kVA) across all customer
categories are proposed to be increased by 14.59% in order to achieve a
greater balance between City Power revenue and cost structure by gradually
increasing the contribution of fixed income from LPUs to more effectively
compensate for the proportionally higher fixed cost structure of our
operations.
You can read about the proposed electricity tariff increases here.
Image Credit: iStock
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