Eskom has been going through a number of changes recently. These changes have been been put in place to help deal with Loadshedding and other problems that the company has been facing. In light of this, they have submitted an updated tariff structure for Nersa's approval, with a statement about it being published to their Facebook page. In this article I will break down that statement to help you better understand it.
The first thing you need to know is that Nersa is an acronym for the National Energy Regulator of South Africa and that the new tariff plan submitted for their consideration, will be implemented on the 01 April 2023 if approved.
This new plan is a revised version of a plan originally submitted in 2020, it's been revised to take into consideration the developments that have occured recently as well as the unbundling of Eskom. This unbundling will turn Eskom into three separate entities. These being Generation, Distribution and Transmission. Here's why this is important.
The tariff restructure will be aligned to the unbundling, to make sure that the customer interests is protected and that service represents it's actual costs.
Finally the restructuring also takes into account how electricity usage is changing in South Africa, mainly the fact that many people are now using solar energy.
You may still be confused as to why this should be important to you and it's very simple. The new tariffs will be something you are paying every time you use electricity and in order to understand where your money is going, you need to understand why it was put into place.
While it's not announced how much people will pay for each service in the new tariffs, I urge you to keep an eye on the news. So that you can speak out if you think it's unfair.
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