CAPE TOWN - Eskom wants a 15% tariff increase.
The energy supplier has asked the National Energy Regulator of South Africa (Nersa) for a 15% tariff increase per year for a 3-year period.
Eskom's general manager for regulation, Hasha Tlhotlhalemaje, told eNCA on Tuesday, that this large increase should be viewed in the context that Eskom has had very low increases over the last two years.
It should be noted that this increase is on top of the 4.41% price increase that has been granted to Eskom by Nersa.
Tlhotlhalemaje said that this 15% increase is needed in order to ensure that Eskom maintains its stability and growth trajectory.
Nersa said it has received Eskom’s third Multi-Year Price Determination Regulatory Clearing Account (RCA) Year 5 (2017/18) application totalling R21 million and fourth MultiYear Price Determination application totalling R219 billion, R252bn and R291bn for the 2019/20, 2020/21 and 2021/22 financial years respectively.
The Energy Regulator said that it will assess Eskom’s applications following due regulatory processes.
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