NERSA grants Eskom only 5.23% tariff increase.

  The National Energy Regulator of South Africa (Nersa) on Friday approved a revenue application of R190.348bn for Eskom for the 2018/2019 financial year‚ which will result in an average percentage price increase of 5.23%.   Eskom had applied for a total allowable revenue of R219.514bn‚ which would have translated to a 19.9% average percentage increase. Nersa chairman Jacob Modise said at a media briefing in Pretoria that Eskom had asked for an expenditure increase of R62.221bn‚ but only a 51.122bn increase was approved.

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