NERSA REVIEW ESKOM'S TARIFFS FOR THE PERIOD 01 APRIL 2012 TO 31 MARCH 2013
The National Energy Regulator of South Africa (NERSA) at its meeting held today, Friday, 09 March 2012, approved an average price increase of 16.0% on Eskom's application for the tariffs review for the period 01 April 2012 to 31 March 2013.
On 02 March 2012, NERSA received Eskom's application for a review of Eskom's tariffs for the period 01 April 2012 to 31 March 2013. In its application, Eskom proposed that the 25.9% average price increase as approved by NERSA for the 2012/13 financial year be reduced by 9.9 percentage points to an average price increase of 16.0% on reduced sales volumes.
Based on the available information and the analysis of Eskom's application, the Energy Regulator further decided as follows:
1. That the allowed revenues, standard average prices and average prices for the period 01 April 2012 to 31 March 2013 is as detailed in the table below:
Table 1: 2012/13 allowed revenues and standard average prices