Nersa postpones power price hearings as it receives notice of policy review

The National Energy Regulator of South Africa (Nersa) has decided to postpone public hearings, scheduled for February 3, into it multiyear price determination (MYPD) methodology. Full-time regulatory member for electricity Thembani Bukula told...

SA’s power prices approach affordability ‘tipping point’

South Africa’s electricity prices, which have more or less doubled from an average real level of 25c/kWh in 2008 to the current level of 50 c/kWh, were approaching an affordability “tipping point”, the Energy Intensive User Group (EIUG)...

Mining chamber says SA power hikes will add strain, but in line with expectations

The National Energy Regulator of South Africa (Nersa) has approved a nominal Eskom power tariff increases of 24,8% as from April 1, 2010, and subsequent increase of 25,8% and 25,9% for 2011/12 and 2012/13 respectively, chairperson Cecilia Khuzwayo...

Eskom faces avalanche of opposition as tariff hearings begin

South Africa's State-owned power producer Eskom moved on Monday to defend its highly unpopular application for price increases of 35% a year for the three-year period from April 1, 2010, to March 31, 2013, at the first of what would be nine...

Real Economy Report

This is the Real Economy Report. Our top stories this week: the Regulator is confident that renewable energy targets can be met; the developed world wants commitments from South Africa at Copenhagen; and, we highlight the issue of acid mine drainage.

SA regulator to probe power utility’s primary energy costs

The National Energy Regulator of South Africa (Nersa) would conduct an investigation into Eskom’s primary energy costs, and specifically the cost of coal, to establish the “prudence of the costs”, chairperson Collin Matjila reported on...

SA power prices to increase by 31,3%

The National Energy Regulator of South Africa (Nersa) on Thursday granted electricity utility Eskom a 31,3% power tariff increase, which includes an environmental levy, and warned consumers that future tariff increases would occur. State-owned...

Regulator grants Eskom 27,5% tariff increase

The National Energy Regulator of South Africa (Nersa) on Wednesday granted Eskom an average tariff increase of 27,5% for the 2008/9 financial year, which included the 14,2% it had already granted the state-owned power utility in December last...

Eskom asks for a shocking 53% price increase

Embattled power utility Eskom submitted an application to the National Energy Regulator of South Africa (Nersa) on Tuesday seeking a shocking 60% nominal price increase as from next month as opposed to the 14,2% price increase already sanctioned...