Eskom wants higher tariffs

File: The power utility wants to recover revenue of R762-billion from electricity users.

File: The power utility wants to recover revenue of R762-billion from electricity users.

Reuters

JOHANNESBURG - Energy regulator Nersa is preparing for public hearings on Eskom's application to increase electricity tariffs annually by 15 percent for the next three years.

UPDATE: No load-shedding today, says Eskom

The power utility wants to recover revenue of R762-billion from electricity users.

The public hearings will start in Cape Town on 14 January.

READ: Ramaphosa appoints task team to deal with Eskom woes

Energy expert Ted Blom is calling on Eskom to scrap its application due to ongoing incompetencies.

Blom stated large-scale reform is necessary.

"The first thing you'd need to do is appoint a task force. Eskom is a big organisation. One man or three men cannot turn the organisation around."

Source
eNCA