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Eskom wanted 19.9 percent tariff increase, got 5 percent

Staff Writer |
South Africa's energy regulator Nersa said it had granted scandal-plagued utility Eskom a 5.23 percent electricity tariff increase for the 2018/19 financial year.

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This is less than the 19.9 percent Eskom had requested.

Eskom has said the 2.2 percent tariff increase it was granted by the energy regulator for 2017/18 had presented challenges to the company’s liquidity position for the current financial year, and hoped it would get a higher raise this year.

It was granted a 9.4 percent tariff rise in the 2016/17 financial year.

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