Eskom to Recoup Over R13 Billion from Customers.

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Eskom to recoup over R13 billion from customers.



The National Energy Regulator of South Africa (Nersa) says it will immediately begin implementing plans that would allow Eskom to recoup over R13 billion from customers


The cash-strapped power utility had applied to Nersa to recoup R27.3 billion through power tariffs saying it needed to cover costs incurred for the financial year 2018/19.



However, Nersa only approved Eskom to recover the R13 billion. Eskom struggles with high debts and faulty power stations and is dependent on government bailouts to stay solvent.




Eskom recently blamed Nersa for using the lockdown as an excuse to delay dealing with outstanding matters between the two entities, including the application for this outcome.


 



Nersa’s Nhlanhla Gumede says these funds will only be added onto the tariff prices, once the plan has been agreed upon.




On 9 March 2020, the National Energy Regulator of South Africa (Nersa) approved Eskom's allowable revenue from standard tariff customers to be 8.76% which will be changed.

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