Initially, when Eskom made its tariff application, it was estimated it would cause 150 000 job losses while hastening the demise of the gold sector
Eskom said on Monday that power supply is still vulnerable and could worsen if it fails to get a tariff increase to fund its expansion.
The Automobile Association has welcomed the decision by the National Energy Regulator of SA (Nersa) to reduce Transnet’s pipeline tariff.
Eskom is likely to apply to the National Energy Regulator of South Africa for a 34% increase in electricity tariffs for the coming year.
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/ 18 February 2009
Nersa will take into account changes in the economic environment and a decision to guarantee loans for Eskom when deciding the next tarrif rise.
The National Energy Regulator of South Africa (Nersa) on Tuesday estimated the cost of the energy shortage to be about R50-billion.
Poorer residential consumers will pay only 14,2% more for electricity this year, the National Energy Regulator of South Africa said on Tuesday.
Consumers are in for a tough time unless government injects more cash into Eskom.
South Africa’s targeted CPIX inflation is seen accelerating to a new five-and-a-half-year in May on persistently high food and fuel prices.
The National Energy Regulator of South Africa’s (Nersa) decision to grant Eskom a 27,5% tariff increase was a ”watershed” moment, the utility said.
Politicians showed mixed reactions to a 13,3% tariff hike granted to Eskom on Wednesday, with the ANC welcoming the decision.
Eskom was granted a 13,3% increase by the National Energy Regulator of South Africa on Wednesday.
The National Energy Regulator of South Africa has quietly postponed its final decision on Eskom’s application for a 53% tariff hike to June 18. By Thursday the regulator had not yet posted notice of the change in its decision date on its website, despite the conclusion of this week’s public hearings into the proposed tariff increases.