Nersa’s head office in Pretoria.Nersa has postponed the announcement of its decision on Eskom’s revenue application for a 19.9% in the 2018/19 financial year to December 13. Photo: Antoine de Ras
JOHANENSBURG - The National Energy Regulator of South Africa (Nersa) has postponed the announcement of its decision on Eskom’s revenue application for a 19.9percent in the 2018/19 financial year to December 13, Nersa announced yesterday.

Nersa was initially scheduled to announce the decision on Thursday this week.

“The date has been changed due to more time being required to conduct a thorough analysis of Eskom’s application and to take stakeholders’ input received during public hearings and from written submissions into consideration,” Nersa spokesperson Charles Hlebela said yesterday.

A number of companies and organisations have urged Nersa to reject the tariff application, with some criticising Eskom’s request for relatively high tariff increase while the organisation faces allegations of poor governance and corruption.

Eskom, in turn, told Nersa that it had taken steps to strengthen governance and counter corruption.

These, according to interim chief executive Sean Maritz, included the implementation of independent audits on leadership and termination of all irregular supplier contracts and work.

- BUSINESS REPORT