Posts tagged as NERSA

Nero fiddles, while the prospect of load shedding in South Africa continues

. Electricity customers and the public in South Africa experienced Stage 2 (2000 MW) manual rotating load shedding in late 2018 and Stage 4 (4000 MW) in February and March 2019. However, while Nero fiddles the prospect of further load shedding is set to continue in the months ahead. But there seems little sign that […]

BUSA responds to Eskom’s latest tariff increase application

Using the established multi-year price determination (MYPD) application system, Eskom has applied to the national energy regulator, Nersa, for tariff increases in excess of three-times the current inflation rate for the next three successive years. In response, Business Unity South Africa (BUSA) has made the following submission to Nersa regarding the power utility’s fourth multi-year price […]

How to deal with Eskom’s ever-rising electricity tariffs

. Eskom has applied to the National Energy Regulator of South Africa (NERSA) for a 15% tariff increase from 1 April 2019 for three consecutive years compounded, on top of a 4,5% RCA price increase already awarded by NERSA for this date, and further RCA applications in the pipeline. The power utility is facing dire […]

Eskom engages stakeholders on its revenue application 

Eskom has explained the power utility’s rationale for its average annual electricity increase application of 15% for three years under the fourth Multi-Year Price Determination (MYPD4) and Regulatory Clearing Account (RCA) balance application for 2018 to the National Energy Regulator of South Africa (NERSA). The presentation was made to stakeholders attending the Cape Town leg […]

Correction issued regarding Eskom’s RCA recovery

The National Energy Regulator of South Africa (NERSA) has published its Reasons for Decision (RfD) documents on Eskom’s regulatory clearing account (RCA) applications for Year 2 (2014/15), Year 3 (2015/16) and Year 4 (2016/17) of the third multi-year price determination (MYPD3). On 14 June 2018, the regulator approved a total RCA balance of R32,69-billion for […]

Eskom is unsustainable in its present form

Eskom’s road to sustainability will be long, hard and painful. The power utility is facing severe challenges financially and operationally. The risk of load shedding in the coming months remains fairly high; the cost of keeping the lights on will further impact financial performance; and tough decisions are necessary to achieve full recovery. That’s the […]

Eskom claims R762-billion over the next three years

The National Energy Regulator (Nersa) has received Eskom’s Third Multi-Year Price Determination (MYPD3) Regulatory Clearing Account (RCA) Year 5 (2017/18) application, totalling R21,6-billion, as well as the Fourth Multi-Year Price Determination (MYPD4) revenue application, totalling R762-billion (R219-billion, R252-billion and R291-billion for 2019/20, 2020/21 and 2021/22 financial years, respectively). In February 2013, Nersa approved a total […]

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, […]