Eskom had a debt of R333bn at the end of last year, according to a written parliamentary reply by public enterprises minister Lynne Browne. The power utility’s approved borrowing programmes
Browsing: Nersa
The risk of load shedding could increase as a result of energy regulator Nersa’s decision to only give Eskom half of its required tariff increase on Tuesday. Eskom CEO Brian Molefe said the decision to only approve a 9,4% electricity price increase
National energy regulator Nersa has given two main reasons for granting Eskom a 9,4% tariff increase for the 2016/2017 financial year. The hike will kick on 1 April. In terms of sales, Eskom applied for
Energy regulator Nersa approved a 9,4% electricity hike for 2016/2017 on Tuesday. Eskom submitted an application to Nersa in November last year to recover R22,8bn, which the utility said it used to avert load shedding. The decision comes after extensive
Energy regulator Nersa has postponed its announcement on the Eskom tariff hike decision until Tuesday, following finance minister Pravin Gordhan’s swipe at the power utility on Wednesday. Gordhan said at his press briefing ahead of his
Eskom believes that its experiences over the past few years will assist it in making better decisions on how to keep the lights on. “We have become wiser in our risk management approach. You can only do that with the benefit of hindsight. We have learned, and today we do things differently
Opposition to Eskom’s proposed tariff increases gained momentum on Tuesday as energy regulator Nersa closed its session for hearings in Cape Town. Eskom has applied for a R22,8bn adjustment for its 2013/2014 financial year. If this is granted, it is expected
All cities in South Africa will face an electricity tariff increase of at least 16% in July if Eskom is granted a R22,8bn adjustment for the 2013/2014 financial year, according to Leslie Rencontre, director of electricity at the City of Cape Town. Eskom made a regulatory
Energy regulator Nersa will start public hearings on Monday as part of Eskom’s application to recover an additional R22,8bn through an electricity tariff increase. The Nersa public hearings will start in Cape Town and end in Midrand on 5 February
Eskom envisages a bigger role for itself in the nascent renewable energy industry in South Africa, according to Ayanda Nakedi, senior GM of Eskom’s Renewables Energy Unit. The department of energy’s Renewable Energy Independent Power