oday Nersa approved a hikes of 9.42% for 2019, 8.1% for 2020, and 5.22% for 2021. Eskom earlier sought increases of 17.1% for 2019/20, 15.4% for 2020/21 and 15.5% for 2021/22.
“I must point out that during the processing of the two applications, the country experienced load shedding,” said Nersa chairperson Jacob Modise.
“It culminated in Eskom implementing stage 4 load shedding on February 11. According to Eskom, this was due to the unexpected loss of six generating units, which placed additional strain on the system.
“Eskom said load shedding was a measure of last resort to protect the system,” Modise said.