The National Energy Regulator of South Africa (Nersa) will host public hearings between January 18 and February 5 on Eskom’s application to claw back R22.8-billion through the Regulatory Clearing Account (RCA) mechanism of the electricity tariff-setting methodology. The State-owned utility has submitted an RCA application for the first year, or 2013/14, of the third multiyear price determination (MYPD3), under which Eskom has been granted five yearly tariff increases of 8% until the end of March 2018.
