Moneyweb – Re-opener of MYPD3 tariff determination may be on the cards.
The national energy regulator (Nersa) expects to know by the end of the week whether Eskom wants a total review of Nersa’s earlier decision to grant Eskom an 8% annual tariff increase for the five years from 2013/14 to 2017/18 (MYPD3).
Eskom at the time applied for an annual increase of 16% and while it chose not to take the decision on review it has blamed the regulator ever since for its financial woes and a revenue shortfall of R225 billion.
