Posts tagged as NERSA

On the brink of a death spiral

With debt approaching R450-billion and an operating deficit of R20,7-billion for the 2018/2019 financial year, and the utility being unable to cover its operational and debt-servicing costs with revenue from sales of electricity, Eskom is on the brink of a death spiral. This is the implication from the figures presented at Eskom’s recent Integrated Results […]

Debating the benefits and challenges of SSEG

EE Publishers, in cooperation with Nedbank, recently hosted the second in a series of four “Energy Dialogue” seminars at Nedbank’s Boardman Auditorium in Sandton. The title of this seminar was “Enabling small- and medium-scale distributed embedded generation in South Africa” and was chaired by the bank’s Thabang Chiloane. Click here to view the presentations made […]

Appointment of acting electricity regulator questioned as legal challenges mount

. Ms Nomfundo Maseti has been re-appointed acting electricity regulator board member at the National Energy Regulator of South Africa (Nersa) with effect from 1 March 2019, after her previous term as acting electricity regulator board member expired on 28 February 2019. This is the second 12-month term by Maseti as acting electricity regulator at […]

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 […]