JOHANNESBURG - The National Energy Regulator of South Africa (Nersa) will on Friday announce its decision on power utility Eskom's application for tariff increases for the 2018/19 financial year.
Nersa held public hearings in the Gauteng and Western Cape provinces between October 30 and November 20 on Eskom's request to increase tariffs by 19.9 percent for direct customers from April 1 next year and an average of 27.5 percent for municipal customers from July 1.
Earlier this year, Nersa granted Eskom a below-inflation 2.2 percent increase for 2017/18.
Lobby groups such as the National Black Consumer Council (NBCC) and the Organisation Undoing Tax Abuse (Outa) have urged the regulator to turn down Eskom’s proposed tariff hikes for next year.
In early December Nersa postponed the announcement of its decision on Eskom’s revenue application.
Nersa was initially scheduled to announce the decision on the 7th of December.
“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.
- African News Agency