Nersa approves Eskom Retail Tariff and Structural Adjustment
Nersa has approved an 18.65 percent tariff increase for Eskom Direct customers, effective 1st April 2023.
Nersa has approved an 18.65 percent tariff increase for Eskom Direct customers, effective 1st April 2023.
The tariff increase granted by the regulator was far below what Eskom had applied for.
Rejecting an application for multi-year tariffs by Eskom in September, now Nersa are heading to court with the power utility over the issue.
Schedule 2 of the Electricity Regulation Act will be amended to increase the licensing threshold for embedded generation projects from 1MW to 100MW.
This is R14 billion below the R27 billion Eskom applied for.
The decision is the first successful application by Eskom of the three it has made to have decisions made by Nersa set aside.
Most of the new applications have come from the mining sector, says Minerals and Energy minister Gwede Mantashe.
Eskom claimed a faulty meter led to incorrect billing but it couldn’t prove the meter was faulty.
Customers won’t have to register their generators, at least not yet.
Outa calls Nersa’s draft Rules for Registration of Small-Scale Embedded Generation unacceptable adding they must be scrapped.
Outa said this indicates that the state capture movement may extend to Nersa as well.
Eskom will hike the price of electricity by 9% from 1 April.