City Power

Loadshedding Schedule – City Power

Eskom Retail Tariff Adjustment

ESKOM annual price increase 2015/16

The National Energy Regulator of South Africa (Nersa) announced its determination on Eskom’s third Multi-year Price Determination (MYPD3) for the period 2013/14 to 2017/18 on 28 February 2013.

The tariff increase for 2015/16 as approved by Nersa  will be implemented on 1 April 2015 for Eskom direct customers and on 1 July 2015 for municipalities as follows:

Tariff Category

Average percentage Increase

Local authority (effective 1 July 2014)

14.24%

Non-local authority (effective 1 April 2014)

12.69%

Urban tariffs

Other tariff charges

Affordability subsidy

  12.69%

8.97%

Rural tariffs

12.69%

Homelight 20A

10.57%

Homelight 60A

12.69%

All Homepower

12.69%

  • Urban above refers to the following tariffs:  Megaflex, Miniflex, Nightsave Urban Large, Nightsave Urban Small, and Businessrate.
  • Rural above refers to the following tariffs:  Ruraflex, Nightsave Rural, Landrate, and Landlight.

Environmental levy
In the Budget Speech on 25 February 2015, the Minister of Finance in his budget speech proposed a “number of tax measures to promote energy efficiency, which will be discussed further with industry, the electricity regulator, Eskom and other”. The first proposal is a temporary increase in the electricity levy, from 3.5c/kWh to 5.5c/kWh, to assist in demand management. This additional 2c/kWh will be withdrawn when the electricity shortage is over.
Discussions are scheduled to take place between National Treasury, Eskom and Nersa to discuss the details of the implementation of the increased levy. Only after this has been finalised, it will be gazetted for implementation.  Eskom will advise on the timelines for implementation once finalised, but initial indications are that it is likely to be introduced on 1 July 2015. Further detail will only be available after the discussions with National Treasury has taken place.

 

Smart meters for South Africa

 

Smart meters impact South Africa