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Eskom wanted 19.9 percent tariff increase, got 5 percent

Staff Writer | December 16, 2017
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.
Africa   South African regulator allowed
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.