Nersa ‘on course’ to announce tariff hike in January
The National Energy Regulator of South Africa remains on course to announce its decision on Eskom’s tariff hike application by the end of January 2025.
The regulator says the evaluation of Eskom’s sixth multi-year price determination (MYPD6) revenue application is still in progress.
The energy regulator is considering Eskom’s application for a tariff increase of 36% in 2025, 12% the following year and 9% in 2027/28.
Nersa’s spokesperson, Charles Hlebela, said the timeline for an extended public hearing period, the volume of information received and the need for further clarification on certain aspects of the application.
“Nersa understands the importance of this decision and remains committed to ensuring that all inputs received during the public participation process are considered,” said Hlabisa.
Meanwhile, political parties, community members, and civil society organisations continue to oppose the hike, citing the already high cost of electricity for ordinary South Africans.
In its submission to Nersa, Eskom argued that the proposed increase is crucial for covering costs linked to energy production, infrastructure maintenance, and outstanding debts.
ALSO READ:
