Posts tagged as Tariffs

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 […]

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, […]

SAGI AGM: president’s report, tariffs and access problems

Members of the South African Geomatics Institute’s (SAGI) Northern Provinces branch met in Roodepoort on 13 April 2018 for the branch’s annual general meeting. The role of the South African Geomatics Council (SAGC), professional tariffs and problems with the Surveyor General website were discussed, and the institute’s president delivered his annual report. SACG’s Nape Mojapelo, […]

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 […]

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 […]