In its latest application to the energy regulator, the power utility is claiming this as an underrecovery for 2018/19, meaning tariffs may rise by 16.6% next year
Eskom, which last week again saw a collapse of its power network that led to nationwide load shedding, wants consumers to cough up a further R27 billion for electricity.
The national energy regulator Nersa has published Eskom’s latest application for public comment.
In it, the power utility said this was the amount that it underrecovered in 2018/19, and that it therefore wanted R27 billion more through power tariffs.
Although Eskom suggested that whatever Nersa granted should be added to electricity tariffs next year and the year thereafter, Nersa’s decision will likely be too late to influence 2020 tariff increases.
However, if Eskom receives the full R27.2 billion that it wants, and it is implemented over two years, this could see electricity tariffs in 2021 increase by 11.38% instead of
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