Posts tagged as Tariffs

A new Africa energy world: a more positive power utilities outlook

Africa faces a huge electricity demand challenge. Existing infrastructure is insufficient to meet current requirements, let alone the growth of the coming decades. Installed power capacity is expected to rise from 2012’s 90 GW to 380 GW in 2040 in sub-Saharan Africa. Nonetheless millions of Africans remain without access to electricity. Fortunately, difficulties such as […]

Eskom bullish about the future despite a fall in earnings and profit

  Eskom has reported a R3,6-billion net profit for the year ending 31 March 2015. The power utility’s net profit in the previous year (1 April 2013 to 31 March 2014) was R7,1-billion. Speaking at the company’s integrated results meeting on 11 August 2015, Brian Molefe, the utility’s acting chief executive, said that he was […]

Domestic electricity prices: Eskom vs. City Power

  There is a widespread perception that City Power and other municipal electricity distributors buy electricity from Eskom and then resell the electricity to domestic customers within their areas of supply with massive mark-ups and at significantly higher prices than would be the case if Eskom supplied such domestic customers directly. While the domestic electricity […]

NERSA responds to Eskom’s request for 25,3% tariff hike

  The National Energy Regulator (NERSA) has responded to an application request received from Eskom for the selective reopening of the Third Multi-Year Price Determination (MYPD3) decision for the 2015/16 to 2017/18 period. Eskom’s selective reopener application requires cost recovery of R32,9-billion for the utility’s open cycle gas turbines (OCGTs) and a further R19,9-billion for […]

Stemming de-industrialisation to grow manufacturing output

  South African manufacturers urgently need government to pursue solutions to enable the country to fulfill its manufacturing potential, Manufacturing Circle executive director Coenraad Bezuidenhout said at the Siemens Future of Manufacturing event.     Manufacturing has lost more than 300 000 jobs since the global financial crisis because these goals have not been pursued […]

South Africa: Electricity pricing paralysing the poor

  The electricity sector in South Africa has been in a state of disruption over the last few years. The country’s power utility company, Eskom, has been under scrutiny for several reasons. Most of these reasons relate to the rolling blackouts, load-shedding episodes of 2007/8 and high levels of inefficiency. Constant tariff increases under the […]

Steep tariff increases stunts economic growth

  South Africans can expect the increase in electricity tariffs next year to be between 10 and 13%. This is the opinion of market and industry research company, Frost and Sullivan, following the National Energy Regulator of SA’s (NERSA’s) recent announcement that it has approved the regulatory clearing account (RCA) for Eskom. This adjustment was given in […]