Eskom Insists That Its Electricity Prices Are Far From Being Cost Reflective
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Gugu talks to Chris Yelland about Electricity customers and the general public may be justifiably confused about the details, timing, outcomes and implications of three court actions by Eskom, challenging a number of previous Nersa determinations.
Customers also need to understand the implications of the latest regulatory clearing account (RCA) application by Eskom for its 2018/19 financial year, which is not yet the subject of any legal challenge.
Eskom Insists That Its Electricity Prices Are Far From Being Cost Reflective, and that they need to rise by some 30% in order to become so. Thereafter, Eskom says electricity prices in South Africa would stabilise, with only inflationary increases in subsequent years.
Customers also need to understand the implications of the latest regulatory clearing account (RCA) application by Eskom for its 2018/19 financial year, which is not yet the subject of any legal challenge.
Eskom Insists That Its Electricity Prices Are Far From Being Cost Reflective, and that they need to rise by some 30% in order to become so. Thereafter, Eskom says electricity prices in South Africa would stabilise, with only inflationary increases in subsequent years.
