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SA energy regulator considers Eskom's tariff rise request

April 11, 2014 - 11:31 GMT Location: Johannesburg

KEYWORDS: National Energy Regulator of South Africa , Nersa , Eskom , Themba Bakula , Andrew Etzinger , tariff , MYPD2 , MYPD3

South Africa’s energy regulator is considering a request from power utility Eskom to review the shortfall in its revenues for 2010-2013, which could result in further tariff rises for consumers.

The National Energy Regulator of South Africa (Nersa), said tariff adjustments were possible if a significant shortfall was shown, but that it would not allow any tariff rises before April 1 2015. Eskom’s submission includes its regulatory clearing account (RCA), which reflects income generated from the tariffs the utility charges during a specified period, offset by expenditure items such as diesel and coal fuels, as well as transactions with independent power producers, according to Thembani Bukula, board member in charge of electricity at Nersa. Eskom’s RCA is in the negative for the period April 1 2010 to March 31 2013,...

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