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Eskom asks for more time on tariffs

Aug 31 2012 18:56 Sapa

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Johannesburg - Eskom has asked the National Energy Regulator of SA (Nersa) for another month to submit its application for tariff increases, the parastatal said on Friday.

"This is to allow Eskom time to do additional scenarios which government has requested to be included in the application," it said in a statement.

The utility was meant to submit its application on Friday for tariff increases from April 1 next year.

"Though previous determinations have been for three years, Eskom will propose a five-year determination for MYPD 3 (multi-year pricing determination) to ensure a predictable, longer-term price path for customers, investors and the country."

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