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Pretoria - State-owned electricity utility Eskom has been granted a 31.3% tariff increase, the National Energy Regulator of SA(Nersa) said on Thursday.
The figure fell just short of Eskom's requested 34% hike.
The tariff increase will result in a rise in the average
standard tariff from 25.24c per kilowatt-hour (kWh) to 33.14c, Nersa chairperson Collin Matjila said in Pretoria.
The increase will come into effect on July 1.
Nersa said the adjustment would result in estimated tariff
revenues of R62.031bn from distribution standard tariff sales
of 198 857 Gigawatt Hours (GWh).
The estimated total revenues, including special pricing
agreements, would be R64.704bn for total sales of 222 640
GWh, including international sales.
Nersa said the 31.3% increase included the 2 cents/kWh
levy on the sale of electricity generated from non-renewable
sources (environmental levy).
It added that the 2c/kWh had to be recovered within the
31.3% tariff increase.
- Sapa