Power utility Eskom has submitted a new revised tariff structure to the National Energy Regulator of SA (Nersa), having last revised its pricing structures over 10 years ago.
At this stage the utility has not indicated how much tariffs could be raised. If it passes, the new tariff structure will come into effect in April next year.
Eskom said it was submitting a new tariff structure to the regulator based on an updated cost-to-serve study.
The new tariff plan also takes into account President Cyril Ramaphosa’s new energy plans as announced this month, which includes allowing private households and private companies to feed power into the grid.
Eskom corporate specialist in retail pricing Shirley Salvoldi said the tariff structures were last revised in 2012. “We are proposing these structural changes to be done on an updated cost to save study. The tariff restructuring is aligned to the bundling process that Eskom is going through, to accurately reflect the costs of the different services being provided,” said Salvoldi.
Salvoldi said Nersa will make a decision on proposals in Eskom’s retail tariff plan, once the public consultation process has been concluded. “Important to note it’s not possible to have a zero impact on all customers, therefore while the structural changes proposed will recover the approved revenue by Nersa, individual customers may pay more or less depending on the change being proposed and their own consumption profile.”
Source: Eyewitness News, IOL, image from Twitter: Democratic Alliance