Nersa to announce Eskom tariff stance

2010-02-24 09:45

THE National Energy Regulator of SA (Nersa) will announce its

decision on Eskom’s tariff application at around noon today.

The state owned power utility has applied for an increase of 35%

every year for three years to help raise funds for a R385?billion power

expansion programme.

Prior to this application, it had demanded an annual 45% hike over

the next three years, but reviewed it after protests from major mining


Last year Eskom increased its tariffs by 31%.

Today’s announcement will be Nersa’s view of what the Multi-Year

Price Determination for 2010/11 to 2012/13 should be.

It follows a round of public hearings on the matter.

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