NATIONAL NEWS - Stakeholders have until Friday (January 14) to submit written comments to energy regulator Nersa on Eskom tariffs that may increase by more than 40%, according to Nersa’s latest pro forma implementation plans.
The week thereafter, Nersa will hold virtual public hearings for various provinces.
Eskom previously took issue with Nersa’s initial position, as reflected in the consultation paper stakeholders have been asked to comment on, that the increase may amount to as much as 54.35%.
The utility said in a statement issued on December 8, shortly after the consultation paper was issued: “Nersa has misrepresented Eskom’s revenue application to include various matters that are still under consideration by both the courts and by Nersa itself.”
Eskom chief financial officer Calib Cassim stated that Eskom has applied for an electricity price increase of 20.5% for the 2023 financial year, which commences on April 1, 2022.