Energy regulator Nersa has asked stakeholders to comment on its proposed guideline for municipalities to increase electricity tariffs by an average 15.1% on 1 July. Moneyweb ElectricityTariffHike
Energy regulator Nersa has asked stakeholders to comment on its proposed guideline for municipalities to increase electricity tariffs by an average 15.1% on 1 July. This is largely based on the 18.49% increase in bulk electricity purchases from Eskom. Bulk purchases represent 74.23% of the expenditure municipalities incur in the Nersa model to supply electricity in their distribution areas.
It states that municipalities are slow to comply with the current requirement to do a cost of supply study every five years. Currently only four municipalities are implementing cost of supply studies as the following table shows – these are the Nelson Mandela Bay metro and George, Modimolle-Mookgophong and Theewaterskloof local municipalities. Source: Nersa “Migrating fully to this approach will pose a risk since Nersa is battling to attain 100% compliance,” the regulator says.
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