In its most recent price determination application to the National Energy Regulator of South Africa (Nersa), Eskom seeks tariff hikes that would cover emerging costs.
Eskom has applied to energy regulator Nersa to hike tariffs by 32% on 1 April next year.
The last increase granted to the national power utility was 9.61% for the year 2022. However, Eskom applied for a 20.5% increase. Eskom said that in this application, the total revenue as applied for in June 2021 of R335 billion for 2024 and R365 billion for 2025 – remains the same. “The proposal is to allow these recovered amounts to be targeted towards the return on assets for the transmission and distribution network businesses.”
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