Posts tagged as NERSA

Electricity tariffs to increase dramatically

The National Energy Regulator of South Africa, Nersa, has approved the liquidation of Eskom’s third mutli-year determination (MYPD3) regulatory clearing account (RCA) balances for the 2014/15, 2015/16 and 2017/18 financial years over a four-year period. On 14 June 2018, the regulator approved that a total RCA balance of R32,69-billion will be recoverable from standard tariff customers, […]

The coal crisis at Eskom worsens…

Information being received by EE Publishers indicates that the coal crisis at Eskom is worsening, with at least four and possibly more of Eskom’s 15 coal-fired power stations now having less than ten days of coal at hand on their stockpiles. Eskom has advised EE Publishers that it requires an additional 1,3-million tons of coal […]

Draft IRP 2018 released for public comment

The minister of energy, Jeff Radebe, has published the long-awaited draft of the integrated resource plan (IRP) for electricity (2018) at a media briefing in Pretoria. The public have 60 days to comment on this new plan. The details are outlined below. The IRP follows a process which was initially promulgated in 2011. It was, […]

Eskom’s results: Revenue flat, costs up, massive loss – how will the lights stay on?

Eskom’s recently released annual financial results reveal that this state-owned power utility is losing money hand-over-fist and is trying to get the public to finance it. Its published income statement document reports that in the year ended 31 March 2018 Eskom’s operating company (i.e. the company which generates and sells electricity, as opposed to the […]

Liquidation of Eskom’s RCA balance to be phased in

In addresses to stakeholders in Kimberley and Bloemfontein regarding its applications for the liquidation of its outstanding regulatory clearing account (RCA) applications recently, Eskom’s general manager for regulation, Hasha Tlhotlhalemaje, said that the power utility is aware of and accepts that the RCA balance of R66-billion will be phased in over a number of years […]

Cosatu rejects above-inflation tariff hikes to bail out “drug addict” Eskom

Granting Eskom above-inflation tariff hikes is like feeding bailout addictions of a drug addict, the National Energy Regulator of South Africa (Nersa) was told. Nersa is holding public hearings over the next three weeks, relating to Eskom’s application for the regulatory clearing account (RCA) balance for three years (2014/15, 2015/16, 2016/17). The amount comes to […]

Implications of DoE’s amendments to the Electricity Regulation Act

This article contains comments which were made during a speech given at a recent breakfast hosted by the South African Independent Power Producers Association (SAIPPA) in Johannesburg.  Mmamoloko Kubayi, in her position as Minister of Energy, signed an amendment to the Electricity Regulation Act, 2006 (ERA) into law, which was issued under Government Gazette No. […]

NERSA to publish small-scale embedded generation rules soon

The Department of Energy published a notice regarding the licensing exemption and registration of small-scale embedded generation (SSEG) plant recently. In response, the National Energy Regulator of South Africa (NERSA) says it is in the process of finalising the draft SSEG rules which it will publish soon. These rules were drafted in 2015, but put on […]

Intensive energy users welcome regulator’s decision

The Energy Intensive User Group (EIUG) has welcomed the decision made by the National Energy Regulator of South Africa (NERSA) on Eskom’s revenue application for the 2018/19 financial year 15 December 2017. Eskom funding model resulting in tariffs having to be increased exorbitantly to fund internal inefficiencies is outdated and unsustainable. It is hoped that by […]

Regulator decides on new electricity tariffs

The National Energy Regulator of South Africa (NERSA) announced on 15 December 2017 that it has approved Eskom’s allowable revenue of R190,34-billion for the 2018/19 financial year. This is R29-billion less than the power utility had requested. The approved allowable revenue of R190,348-billion will result in an average percentage price increase of 5,23%/kWh. Announcing Nersa’s […]