Nersa has approved a 9.4% tariff increase for Eskom to enable the entity to meet their debts and pay operational costs.
702's Xolani Gwala speaks to regulator member of electricity at Nersa, Thembani Bukula, regarding the issue.
Listen to the interview below:
The R22 billion application was made up of R11 billion from revenue loss due to lower sales, R8 billion due to open gas turbines, R2 billion due to coal.— Thembani Bukula, regulator member of electricity at Nersa
The business is at risk of not being able to meet their debts and the funds it requires for its operations.— Thembani Bukula, regulator member of electricity at Nersa
In our reasons for our decision we also mentioned that the way they are maintaining the plants needs to be reviewed.— Thembani Bukula, regular member of electricity at Nersa