Nersa looking to cost reflective price by 2018

Engineering News 1 August 2-12.

The national energy regulator confirmed on Wednesday that it aims to heed Eskom’s call to have South Africans pay cost reflective electricity prices by 2018.

Nersa’s Thembani Bukula said the regulator would receive Eskom’s medium term tariff application, called MYPD3, by the end of the month, and then hold consultations for two months before deciding the increase regime for the next five years.

“We have done our own calculation of what the price increase needs to be, to be cost-reflective. Our own model gives us an impression but we need certain inputs from industry,” he said on the sidelines of a briefing to Parliament’s portfolio committee on energy…

http://www.engineeringnews.co.za/article/nersa-looking-to-cost-reflective-price-by-2018-2012-08-01

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