Nersa grants Eskom 9.4% tariff hike from 1 April
National energy regulator Nersa has given two main reasons for granting Eskom a 9.4% tariff increase for the 2016/17 financial year.
National energy regulator Nersa has given two main reasons for granting Eskom a 9.4% tariff increase for the 2016/17 financial year.
NERSA has postponed its announcement on the Eskom tariff hike decision, following Gordhan’s swipe at the power utility ahead of his 2016 Budget speech.
Eskom has interrupted power supply to five Northern Cape municipalities due to non-payment, which is standing at just over R113m as at December 2015.
The big question is whether the South African economy and citizens are ready for another unaffordable electricity hike at this point, says Nhlanhla Ngidi of the SA Local Government Association.
The National Energy Regulator of South Africa will start its public hearings on Monday as part of Eskom’s application to recover an additional R22.8bn through an electricity tariff increase.
The Democratic Alliance has said that the National Energy Regulator of SA should decline any more tariff increases for Eskom in 2015.
Chris Yelland unpacks the turmoil in the electricity sector in plain language, addressing the details and finding the light in a messy situation.
President of the Chamber of Mines Mike Teke joined Alec to discuss investment in the mining sector and why all of government need to pick up the ball that Eskom dropped.
Alec Hogg was joined by Chairman of Nersa, Jacob Modise to unpack rising energy costs as consumers are set to carry Eskom’s diesel costs.
Regulator Mbulelo Ncetezo: It is not Eskom’s fault the country is in this electricity supply mess – it’s Government’s fault, a fact that it acknowledges.