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SA energy regulator considers Eskom's tariff rise request
April 11, 2014 - 11:31 GMT
National Energy Regulator of South Africa
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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