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NERSA sets timelines to deal with Eskom’s application

Nersa deems it fit to involve stakeholders and the public in the decision making.

National Energy Regulator (NERSA), at its meeting held on May 13, determined the timelines for processing Eskom’s application for the selective reopening of the Third Multi-Year Price Determination (MYPD3) decision for the 2015/16 to 2017/18 period.

Eskom’s selective re-opener application requires cost recovery of R32, 9bn for Open-Cycle Gas Turbine (OCGT) utilisation, R19, 9bn for the Short-Term Power Purchase Programme (STPPP) and the impact of the increase in environmental levy.

Eskom submitted an application to NERSA to increase tariff by 25 percent although tariff was increased by 12, 69 percent on April 1.

NERSA spokesperson Charles Hlebeni says the energy regulator has set timelines for processing of Eskom’s application to allow stakeholders to participate in the process.

Hlebeni says Eskom outlined in the application the challenge it faces regarding the supply of power to its customers.

“NERSA encourages stakeholders and the public to actively participate in this process by submitting written comments and attending or making oral representation at the public hearing to be held from June 23 to 24,” he said.

Energy regulator will make a decision on Eskom’s MYPD3 selective re-opener application on June 29.

Written comments can be forwarded to mypd3@nersa.org.za or hand-delivered to Kulawula House, 526 Madiba Street, Arcadia, Pretoria or posted to PO Box 40343, Arcadia, 0083, Pretoria, South Africa.

The closing date for written comments is June 15.

@ThembaVukeya

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