Eskom wants its clients to pay on average 19,9% more for electricity from 1 April next year and proposes that municipalities pay 27,3% more for bulk electricity purchases from 1 July 2018. This comes against the background of controversy about
Browsing: Nersa
Energy regulator Nersa is soon to decide if Eskom should be granted an exemption from a long list of regulatory…
The renewable energy sector was notified in a short note – sent at 4.25pm on Friday – that the financial close of 37 outstanding independent power projects would not take place on Tuesday, 11 April as planned. No new date has been set and
There are strong indications that Eskom’s average electricity tariffs will increase by a mere 2,2% this year. While this sounds good from a consumer perspective, it would leave a big hole in the utility’s pocket that might
A South African court told the nation’s energy regulator to review its decision to allow the state-owned power utility to increase prices from 1 April after a group of business people argued the company needed to be more open about its expenses
South Africa’s state-owned power utility may ask the nation’s energy regulator for permission to raise prices more than allowed so it can recoup more than R40bn of non-budgeted expenses incurred over two years, an analyst at Rand Merchant Bank said.
Eskom’s board has approved a new fleet renewal strategy based on the economic viability of a station as opposed to a purely age-based decommissioning of power stations.Eskom said on Monday that to ensure reliable supply of electricity and no
Eskom is ramping up efforts to improve its finances, with new agreements with defaulting municipalities and improved revenue collection from prepaid meters in Soweto. It’s been a year since Eskom started its tough stance against municipalities that
The Organisation Undoing Tax Abuse said Thursday’s court decision to dismiss with costs its urgent application to interdict Eskom from implementing the approved tariff increase by 9,4% on April 1 2016 would not deter it. “Setting aside the urgency of our
Eskom CEO Brian Molefe on Wednesday retracted his previous statement that the lower tariff hike granted by energy regulator Nersa would lead to load shedding this year. Eskom issued a statement