By Sunday SA had suffered 106 days of loadshedding in 2022, and it will continue every day ‘until further notice’. Eskom maintains that its tariffs do not reflect the true cost of supply. Moneyweb
A settlement reached by Eskom and energy regulator Nersa, related to a crucial element in the determination of the power supplier’s average tariffs, may cost consumers dearly when the regulator finalises what consumers will be paying for electricity in the next two financial years.
Nersa however reduced this by more than half to R550 billion, which was even significantly less than the value of R885 billion Nersa based its revenue determination on the previous year. The regulator attached a negative value to three power stations, including the Koeberg Nuclear Power Station and relatively new Ingula Pumped Storage Scheme, in a step that Eskom described as financially impossible. There were also several other mistakes.
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