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Tariff uncertainty
The Citizen
|December 27, 2024
ESKOM: QUANTUM AND CHARGE STRUCTURE TO BE DETERMINED LATER
Energy regulator Nersa has postponed its decision about Eskom's allowable revenue for the next three financial years from the scheduled date on 20 December to the end of next month as it closed its offices until 2 January.
This extends the uncertainty about the widely opposed application for increases of 36%, 12% and 9% in each of the next three financial years.
If granted, Eskom's allowable revenue would increase from R352 billion in the current financial year to R445 billion in the next, R495 billion in the following and R536 billion in 2027-28.
Nersa also postponed the public hearing about Eskom's Retail Tariff Plan (RTP), which was initially scheduled for 18 December, until 24 January.
It is unclear whether the announcement of the final decision, which was scheduled for 25 January, will also be postponed by one month.
This story is from the December 27, 2024 edition of The Citizen.
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