Eskom tariff increase on the cards

Business Report 5 September 2012.

Johannesburg – Eskom’s application for tariff increases had been ready for submission when government asked it to look at additional factors, the parastatal said on Wednesday.



“We were ready, it was 100 percent in line with regulation. We engaged since February with hundreds and hundreds of stakeholders,” Eskom finance director Paul O’Flaherty said.

“At the end, Eskom had its submission ready, but we have been asked to look at two additional things.”