Eskom load shedding

Outgoing Eskom boss André de Ruyter: Image via Twitter @Stoute_SA

Eskom apologises for load shedding, appreciates NERSA decision

Eskom has apologised for the extent of load shedding however, the power utility says it appreciates the tough decision taken by NERSA.

Eskom load shedding

Outgoing Eskom boss André de Ruyter: Image via Twitter @Stoute_SA

Eskom Chief Financial Officer, Calib Cassim, says the electricity tariff increase granted by the National Energy Regulator of South Africa (NERSA) will contribute to the sustainability of the power utility.

Despite plunging South Africa to darkness, on Thursday, 12 January, NERSA granted Eskom an 18.65% tariff increase effective from 1 April 2023. 


Cassim said the decision would positively contribute from a financial and sustainability point of view. The revenue determination of R319 billion and R352 billion for the financial years 2024/25 will allow a further migration towards a price level that reflects the efficient cost of producing electricity.

The power utility said it “appreciates the tough decision made by NERSA.”

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“Eskom recognises the pressures this determination will place on consumers. Once NERSA decides on restructuring tariffs, these decisions will ensure Eskom can apply the tariff adjustments to its customers from 1 April 2023.

“It is noted that NERSA has reconsidered capital-related costs compared to the previous decision. This significantly contributes to allowing Eskom to recover costs related to debt commitments,” Eskom said.

President Cyril Ramaphosa has cancelled his trip to Davos in order to deal with the ongoing electricity crisis. Image: Flickr

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The embattled power utility also apologised for the extent of load shedding.

“Eskom again apologises for the severe extent of load shedding. The minimising of load shedding is the highest priority for Eskom, and continuous focus at all levels in the organisation is being given.

“Eskom notes the tempering of the diesel volume for the operation of open cycle gas turbines to a load factor of 6%. It is evident that both Eskom and NERSA are aligned and that every effort needs to be made to improve the energy availability factor at Eskom power stations.”


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Meanwhile, the Democratic Alliance (DA) has urged South Africans to take to the streets to voice their anger against load shedding and tariff hikes.

The party said it is organising a major protest march to the ANC headquarters at Luthuli House in Johannesburg on 25 January against the ANC-engineered electricity crisis.