Browsing: Nersa

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

South Africans are likely to “see red” if Eskom is granted permission to increase electricity tariffs by 17%, according to AfriBusiness. “Eskom requested a 25% increase in electricity tariffs in 2015

Failure to get the R22,8bn Eskom wants to recover in its application to the National Energy Regulator of South Africa (Nersa) will weaken the power utility’s balance sheet and worsen its financial ratios, Eskom finance director Anoj Singh said on Wednesday. Eskom has