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Eskom applies to Nersa for 32% increase

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Calib Cassim said was difficult to know how much power would be available from small-scale private suppliers such as households and when everything would be ready for money to start rolling in. Photo: Deon Raath/Gallo Images
Calib Cassim said was difficult to know how much power would be available from small-scale private suppliers such as households and when everything would be ready for money to start rolling in. Photo: Deon Raath/Gallo Images

NEWS

Eskom will have to adjust its tariff application for an increase of 32.66% from April 1 to allow for additional power purchases and other expenses contained in President Cyril Ramaphosa’s new power plan, says Calib Cassim, the chief financial officer of Eskom.

Energy regulator Nersa published Eskom’s tariff applications for 2023/24 and 2024/25 on its website on Friday and is allowing written comments until September 8. After that, public hearings will take place and Nersa hopes to decide on the matter by November 7.

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