WATCH: Nersa decision for next financial year by March
Nersa will make its determination about Eskom’s regulatory clearing account (RCA) application for the 2018/19 financial year only in March 2020. Bhekikhaya Mabaso
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JOHANNESBURG – The National Energy Regulator of South Africa (Nersa) will make its determination about Eskom’s regulatory clearing account (RCA) application for the 2018/19 financial year only in March 2020, following a process for stakeholder comments and public hearings.
Nersa on Friday published the timelines for processing Eskom’s 2018/19 RCA application, which it initially received in August, before it was revised last month. The energy regulator’s decision for the 2019 financial year was an average nominal increase of 5.23percent.
Nersa determined the total allowable revenue for the 2019 financial year to be R190billion.
WATCH:
The RCA is an account in which all potential adjustments to Eskom’s allowed revenue that has been approved by the energy regulator is accumulated and is managed.
Source: iol.co.za
