Energy Regulator sanctions 13.82% Eskom tariff hike for 2019

South Africa’s Energy Regulator has granted Eskom allowable revenue of R206.38-billion for 2019/20, which will translate into a tariff increase of 9.41% from April 1, exclusive of the 4.41% hike sanctioned following an adjudication, in 2018, of three Eskom regulatory clearing account (RCA) applications. The State-owned utility is allowed to increase tariffs to direct customers by 13.82% on April 1 it was announced at the National Energy Regulator of South Africa’s (Nersa’s) Kulawula House head office, in Pretoria, on Thursday.