The question of whether the government or the public should finance Eskom dominated the first day of hearings on Friday on the utility’s proposed 53% tariff increase. Eskom’s non-executive chairperson Valli Moosa opened the debate at the National Energy Regulator of South Africa public hearings, saying fiscal injections from government were needed.
The government and Eskom were criticised for the present energy crisis at Friday’s National Energy Regulator of South Africa (Nersa) hearings into the power utility’s request for a proposed 53% tariff increase. Eskom chairperson Valli Moosa and CEO Jacob Maroga said the increase was needed as the system was tight and the reserve margin was very low.