Eskom is approaching the courts in an effort to force energy regulator Nersa to reconsider electricity tariffs for the next three financial years.
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Eskom is challenging the South African energy regulator in court over a tariff increase the state-owned utility says isn’t sufficient, Mining Weekly reported, citing court papers.
Forward-thinking businesses in South Africa are now starting to confront life without Eskom by putting plans in place to generate their own energy.
Farmers have the capacity to run renewable energy projects on their farms to not only reduce their costs, but support the national grid
Energy regulator Nersa has allowed Eskom to raise prices by less than what the embattled company estimates it needs, keeping pressure on its balance sheet while also adding to inflation strains.
The failure of energy regulator Nersa to register small-scale solar photovoltaic installations in Eskom electricity distribution areas is costing farmers dearly, says Ig du Plessis, director of power consultancy Sonfin.
Eskom on Monday night narrowly averted load shedding despite a decline in peak energy demand compared to 2007 and the addition of more than 7.5GW of installed generation capacity over the last decade.
Standard electricity users will bear the brunt of the R32.7-billion the state-owned power utility can recover in unbudgeted costs incurred in the 2014 to 2017 financial years.
Struggling power utility Eskom is expected to submit an application to energy regulator Nersa for an average tariff increase of 15%/year for the next three years.
Eskom no longer conjures a picture of an organisation to be proud of but rather a dilapidated, hollowed out shell with perpetual problems.