Ricochet News

Nersa kicks off hearings on Eskom tariff hike request, public urged to attend

Oct 27, 2017
Nersa kicks off hearings on Eskom tariff hike request, public urged to attend

The National Energy Regulator of South Africa (Nersa) is calling on the public to participate in public hearings on Eskom’s revenue application, which get underway next week.

This follows Nersa's approval of a consultation process for the power utility’s 2018/19 revenue application.

“Nersa will hold public hearings on Eskom’s revenue application for 2018/19 from 30 October to 16 November 2017,” said the regulator on Friday.

Eskom is asking the regulator for a total allowable revenue of R219.5 billion. The total allowable revenue application translates to a 19.9% average increase in electricity tariffs.

The public hearings will kick-off in the Western Cape at the Southern Sun Cape Sun hotel in Cape Town.

The hearings will then move to the Eastern Cape’s Emfuleni Resorts in 2nd Ave, Port Elizabeth, on Wednesday followed by KwaZulu-Natal’s Inkosi Albert Luthuli International Convention Centre on Friday.

In September, the Nelson Mandela Bay Municipality said that its entire Mayoral Committee will be attending the public hearing, with a goal to have their opposition to proposed Eskom tariff hikes heard.

Again in September, the Nelson Mandela Bay Business Chamber said that was extremely disappointed by the news of Eskom’s request for a 19.9% tariff increase next year.

In October, the Nelson Mandela Bay Business Chamber on said that it recently submitted its objections to the Nersa with regards to Eskom’s 2018/19 Revenue Application.

The regulator’s public hearings will then move to the Northern Cape on 6 November.

The hearings in the province will take place at the Protea Hotel Marriott in Kimberley.

The Protea Hotel in Polokwane, Limpopo, will host the next leg of the public hearings on 8 November, followed by Orion Hotel in Nelspruit, Mpumalanga, on 10 November.

North West will host the hearings at the Protea Hotel in Klerksdorp on 13 November, followed by the Free State, which will host the hearings at the President Hotel and Conference Centre in  Bloemfontein on 15 November.

The hearings will wrap up in Gauteng at the Midrand Conference Centre on 16 November.

All the hearings will get underway at 9 am and conclude at 5pm.

“The dates of the public hearings might be extended or cancelled depending on the number of presenters who register,” said the regulator.

Nersa will stream all public hearings across all its social media platforms namely:  Twitter (@NERSA_ZA) and Facebook (@NERSAZA).

Nersa’s decision on the revenue application is expected on 7 December.

- additional reporting SAnews.gov.za