The National Energy Regulator of South Africa (Nersa) will host public hearings in February as part of its adjudication of Eskom’s latest Regulatory Clearing Account (RCA) application for the 2018/19 financial year. Eskom is looking to recoup R27.3-billion under the RCA mechanism, which is a backward-looking instrument designed to manage variances between returns approved by the regulator in the tariff against actual returns.