Posts tagged with 'Nersa'

 

Sorry SA, but we need more money, Eskom pleads – Eskom is asking for a 15% tariff increase over the next three years – but in the same breath employs more workers with hefty salaries

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Eskom CEO Phakamani Hadebe made a desperate plea for higher Eskom tariffs over the next three years on Monday, as well as for more money from the government, while apologising to SA for the mess the utility is in.

Hadebe was speaking in Cape Town at public hearings held by the National Energy Regulator of SA (Nersa) to interrogate Eskom’s application for a 15% tariff increase beginning in 2019-2020.

The application needs to meet Nersa’s approval before it can be applied to customers.

Eskom is in a dire financial situation, with a R419bn debt it is unable to service from the revenue it earns. It costs more for it to generate electricity than it recoups from tariffs due to a high cost base, which Nersa believes should not be made the burden of the South African public.

“I am the first to acknowledge that Eskom has contributed to its own problems. Eskom is compelled to apologise to SA for having brought these challenges. They could hav
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Price shock beckons if Nersa authorize Eskom’s request- National power provider demands 45% increase in tariffs – Now taxpayers have to pay for state institution’s incompetence

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National power provider, Eskom’s application to Nersa will be heard in Cape Town next week.

Nersa has already approved a 4.41% increase, but now Eskom is demanding 15% annually over the next three years, which is three times the official inflation figure.

Energy expert Ted Blom says the application should be scrapped until the forensic audit is completed on the statecapture that took place at Eskom.

Experts have disclosed a different outlook on this situation by pointing out that the power tariffs are already too high and should rather be lowered, especially in view of the fact that power is being sold to neighboring countries at far lower rates than charged to South-Africa itself.

The power provider also indicated that load shedding could be reinstated next week, which would further crippled the economy.

Read the original article on SAUK-nuus
This report does not necessarily reflects the opinion of SA-news.

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Shocking news, Eskom’s big coal whopper and they would like to point the finger to you the consumer for using too much electricity

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There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday.

Middelburg is positioned between three large Eskom power stations, and there are 170 coal mines within a 200 km radius of the town.

Speaking to The Witness on Tuesday, she said that Eskom had ceased taking delivery of the coal for reasons unknown to her, for the past month, and that its “wording” to the public about the coal shortage was incorrect.

“How can Eskom tell us there is no coal?” she asked.

Spokespeople for Eskom did not respond to questions from The Witness about the coal supplies by the time of going to print.

Ott is one of many business chamber leaders, including Pietermaritzburg Chamber of Business CEO Melanie Veness, who have met in Johannesburg this week to strategise on how they will oppose, in a united voi
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