National Energy Regulator of South Africa

It’s important to note that Eskom’s application for a 15% tariff increase is over and above the 4.41% raise already granted to the utility by the National Energy Regulator of South Africa (NERSA) earlier this year.

Eskom is looking to increase national electricity tariffs by at least 15% in 2019 – this application will be open to public comment in January.

The public hearing’s process marks the next step in Eskom’s crusade to amass more cash. Recent financial statements paint a grim picture for the power utility; losses eclipsing R10 billion with maturing debt set to reach R600 billion by 2022.

Eskom out to make The People pay
While mounting evidence points to the cause of Eskom’s economic woes being deep-seated corruption, nepotism and mismanagement – the state owned enterprise is placing the burden of its financial em-battlement solely on the shoulders of ordinary South African citizens.

It’s true
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There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday.

Middelburg is positioned between three large Eskom power stations, and there are 170 coal mines within a 200 km radius of the town.

Speaking to The Witness on Tuesday, she said that Eskom had ceased taking delivery of the coal for reasons unknown to her, for the past month, and that its “wording” to the public about the coal shortage was incorrect.

“How can Eskom tell us there is no coal?” she asked.

Spokespeople for Eskom did not respond to questions from The Witness about the coal supplies by the time of going to print.

Ott is one of many business chamber leaders, including Pietermaritzburg Chamber of Business CEO Melanie Veness, who have met in Johannesburg this week to strategise on how they will oppose, in a united voi
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