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.
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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.
It may seem a trivial matter, but the significance of the decision by new Eskom group chief executive Phakamani Hadebe to reintroduce weekly system status bulletins cannot be overstated. On Thursday, at the launch of the first
Eskom chairman Jabu Mabuza was almost apologetic on Thursday when he told journalists that the utility is proceeding with a court review of energy regulator Nersa’s decision to grant it a mere 5.23% tariff
Energy regulator Nersa will soon withdraw proposed rules that would have required private owners of rooftop solar panels and standby generators to register these installations with it. It might, however, return at
Energy regulator Nersa has published for comment proposed rules that will regulate the market for individuals and organisations who typically generate electricity from their own rooftop installations. Stakeholders have 30 days
Eskom, which generates almost all of South Africa’s electricity, is still studying the impact of a tariff increase that was about a quarter of what it requested as shrinking liquidity threatens the utility. An award by the state energy regulator
Energy regulator Nersa on Friday announced that it granted Eskom little more than a quarter of the 19.9% tariff increase it applied for, for 2018/2019, and in fact slashed its revenue to considerably less than it