Nersa to allow Eskom further increase in 2018


King of de Jungle
Mar 17, 2005
The National Energy Regulator of SA gives Eskom a further increase in 2018, possibly pushing the rise for the year to more than double that of inflation

Electricity tariffs are to rise more than the 5% increase already set for 2018 after the National Energy Regulator of SA (Nersa) announced on Thursday that it would allow Eskom to claw back R33.2bn of its expenses from previous years.

But it is not possible for now to say how exactly tariffs will be affected as Nersa has not decided how the additional increases will be phased in or over what period of time.

Nersa said that it considered it would be fair for Eskom to raise an additional R32.69bn, which would be spread over the next three years. If split evenly this would be about R10.8bn a year. This equals about 6% Eskom’s R177bn revenue for 2017-18.