Nersa grants Eskom increases of 18.65% and 12.74% for next two financial years

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The National Energy Regulator of South Africa on Wednesday approved a revenue application of R318bn for Eskom for the 2023/2024 and R352bn for the 2024/2025 financial years.

Nersa has granted Eskom an increase of 18.65% for the 2023/2024 financial year and 12.74% increase for 2024/2025. Stock photo.The National Energy Regulator of South Africa on Thursday approved a revenue application of R318bn for Eskom for the 2023/2024 and R352bn for the 2024/2025 financial years.Nersa chairperson Thembani Bukula said the increase for 2023/2024 translated to 173.08c per kWh and a percentage increase of 18.65%. The increase for 2024/2025 translated to 195c per kWh and 12.74%.

Eskom’s application was published on July 29 2022 and the public was given until September 8 to comment. Bukula said Nersa received more than 2,000 written comments from citizens, agricultural and environmental organisations, municipalities and intensive energy users.“We received those comments and considered them in making the determination.”

Eskom’s application was considered against economic challenges, declining household income, declining investments, high unemployment, low industrial production and load-shedding. 'The increase for Eskom supplied customers will take effect from April 1 and a date will be determined for customers supplied by municipalities,” Bukula said.

 

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As far as I know you need to produce something or supply something to get money for it.

😂😂😂😂😂😂😂😂😂😂😂 no words anymore . 18 % for a service you cant provide . Ffs useless . Zim2.0

Why should staff stoop stealing corruption cable theft illegal connections illegal prepaid vouchers etc when they know NERSA_ZA will make SA pay an increase for a service NOT delivered and Eskom_SA staff gets a 7% wage increase in a economy that’s not growing because of Eskom

You mean the same electricity we barely use

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