Eskom notes and is baffled, following a decision by the National Energy Regulator of South Africa (NERSA) on the Power Utility’s allowed revenue of R190,348 billion for the 2018/19 financial year.
This means a rate cost increment of 5.23%.
Eskom said it a statement on Friday it made its application as per the Multi-Year Price Determination (MYPD) which enables Eskom to present any progressions allowed by the technique.
“This related to a modified normal standard cost increment of 18.9%.,” said giant electricity company.
Eskom said it will anticipate the Regulator’s purposes behind the choice record for the 2018/19 allowed revenue as far as the MYPD system.
“This will give understanding into how this revenue choice was made. The explanations behind choice report will empower Eskom to make an appraisal on the effect to the business and afterward settle on a choice in transit forward,” said Eskom