https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Nersa shifts Eskom tariff decision to December 13

Close

Embed Video

Nersa shifts Eskom tariff decision to December 13

Nersa shifts Eskom tariff decision to December 13
Photo by Duane Daws

4th December 2017

By: Terence Creamer
Creamer Media Editor

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The National Energy Regulator of South Africa (Nersa) confirmed on Monday that it would announce its decision on Eskom’s 2018/19 revenue application on December 13, instead of the December 7 date initially set for the determination.

“The date has been changed due to more time being required to conduct a thorough analysis of Eskom’s application and to take stakeholders’ input received during public hearings and from written submissions into consideration,” Nersa said in a statement.

Advertisement

The regulator received a record 23 000 written submission after Eskom applied for an allowable revenue of R219.5-billion for the financial year. That increase, together with a rebasing for lower sales volumes, would translate into a tariff hike of 19.9%.

At the conclusion of public hearings, which took place in most of South Africa nine provinces in October and November, Eskom lowered its allowable revenue request to R212.8-billion. However, it also decreased its standard-tariff sales forecast, which would translate into an average hike of 18.9% from April 1 and municipal increases of 26.9% from July 1.

Advertisement

Participants in the public hearings roundly rejected Eskom’s application and called on Nersa to cap any increase to the rate of inflation.

They also called on the State-owned utility to prove that it was taking more aggressive steps to cut costs and address both wasteful expenditure and corruption.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now