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The National Energy Regulator has given Eskom four years to recover R32.69bn, as part of the 3rd Multi-Year Price Determination Regulatory Clearing Account.
Eskom needs to be held accountable for the mismanagement of funds, says the Organisation Undoing Tax Abuse.
The National Energy Regulator of SA has received widespread applause for rejecting Eskom’s 19.9% tariff hike application and instead approving only 5.23%.
Consumers are fighting a losing battle against the rising cost of living, warns an expert amid a barrage of bleak economic indicators.
The Dentons report raises questions over higher coal prices paid by Eskom as well as the electricity price increases.
Eskom’s board is facing calls to appear before Parliament with documents relating to the Ingula pumped storage scheme, which has allegedly seen costs spiral from R8.9bn to R36bn.
Chris Yelland draws an analysis to establish the levelised cost of electricity from the proposed 9.6 GW new nuclear build programme in SA under various assumptions.
Eskom says the number of illegal connections is rising.
A researcher with a non-profit group says that Eskom's application for a tariff hike to recoup R22.8bn will take people in South Africa from poverty to destitution”.
Opposition to Eskom’s proposed tariff increases has gained momentum as energy regulator Nersa closed its session for hearings in Cape Town.
There are better ways to address Eskom’s liquidity problems, the director of electricity distribution and generation at the City of Cape Town has told Nersa.
Cosatu is calling for inflation-based tariff hikes for electricity, the reinstatement of an Eskom war room and the development of a sustainable development plan for the state-owned power utility.
Eskom has been given the green light to pursue up to R60bn in clawback tariffs, after a Constitutional Court ruling.
In addition to annual municipal hikes, businesses and industrial electricity users will have to cough up more for Eskom's winter rates from June to August, says an energy specialist.
Both Eskom and Nersa have submitted applications for leave to appeal a judgment by Judge Cynthia Pretorius in the Pretoria high court.
US electricity consumers could end up paying more than $2.5bn (R33.9bn) for nuclear plants that never get built.
Energy adviser Ted Blom says South Africa lost out on a 3% to 5% GDP growth since government introduced new policy tariffs for electricity.
Eskom will do its best to minimise the risk of load shedding, striking a balance with its already depleted balance sheet, says CEO Brian Molefe.
The Cape Chamber of Commerce and Industry says Eskom must bring its own costs under control before asking business and customers to pay increased tariffs.
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