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Eskom: Nersa approves consultation process for Eskom's 2018/19 revenue application

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Eskom: Nersa approves consultation process for Eskom's 2018/19 revenue application

Eskom: Nersa approves consultation process for Eskom's 2018/19 revenue application

14th September 2017

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/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

Eskom welcomes the National Energy Regulator of South Africa’s (NERSA) approval of the consultation process for Eskom’s 2018/19 revenue application.

Eskom’s multi-year price determination (MYPD 3) cycle comes to an end on 31 March 2018. The Energy Regulator approved that Eskom will submit a revenue application for a single year for the period 1 April 2018 to 31 March 2019.

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Eskom’s acting Chief Financial Officer Calib Cassim says, “Eskom understands that NERSA, in accordance with its mandate, will evaluate the revenue application and allow for public consultation before making a decision on the allowed revenue. We are committed to participate in NERSA’s process and look forward to further engagement on the revenue application with stakeholders.”

A link will be provided on Eskom’s website to the consultation document on NERSA’s website. Customers and stakeholders will be able to access the documents to respond to the NERSA consultation process. The documents can be accessed by clicking: http://www.nersa.org.za/Admin/Document/Editor/file/Electricity/Consultation/Document/Eskom%20revenue%20application%20for%202018_19%20published%20on%2013%20September%202017.pdf

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