The National Energy Regulator has published the time frames for processing Eskom's application for an increase in the electricity tariff for the 2015 / 2016 financial year.
Eskom selective re-opener application as it is known seeks to recover R32, 9bn for Open-Cycle Gas Turbine utilisation and a further R19,9bn for its Short-Term Power Purchase Programme.
Nersa is encouraging members of the public to actively participate in this process by submitting written comments and attending or making oral representation at the public hearings to be held from 23 to 24 June 2015.
Nersa spokesperson, Charles Hlebela, says more information will be available on its website on Tuesday afternoon.
"According to Eskom's application they have asked for a total increase of 25.3% for the 2015/2016 year. If we include the 2.5% increase in the environmental levy and for the 2016/2-17 according to the application the increase will be 3.24% excluding the levy and for 2017/2018 it will be 7.26%" he said
