Eskom wants consumers to cough up a further R27 billion for electricity. In its latest application to the energy regulator Nersa, Eskom is claiming this as an underrecovery for 2018/19, meaning tariffs may rise by 16.6% next year
In it, the power utility said this was the amount that it underrecovered in 2018/19, and that it therefore wanted R27 billion more through power tariffs.
Eskom claims that it was awarded only R86 billion for 2018/19, but that its actual costs amounted to R99.4 billion. This included a decrease of 574 gigawatt-hours in the KwaZulu-Natal area, after Richards Bay Alloys turned off two of its smelters, as well as lower electricity use by Karbochem. This is less than the R48.6 billion that Eskom applied for, and even less than it got the previous year.South Africans once again experienced load shedding after Eskom saw a collapse of its power network. Picture: Supplied/ iStockAccording to the power utility, Nersa did not take into account the cost of the existing coal contracts that Eskom was bound to.
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