Eskom hearings nearing wrap-up

Wednesday, January 20, 2010

Pretoria - Hearings into Eskom's proposed 35 percent tariff increase in electricity prices are coming to an end with three more days for the public and business to voice their concerns.

The National Energy Regulator of South Africa (Nersa) is today holding public hearings into the parastatal's request in Cape Town. The power utility late last year revised its initial 45 percent tariff hike application to the regulator.

Eskom said the application was made to ensure power supply and to raise funds for its R385 billion power expansion programme.

The hearings into the application have for the first time been taken to the country's provinces since 11 January and are due to close on Friday in Midrand.

Wednesday's proceedings in Cape Town will include input from acting Eskom CEO Mpho Makwana as well as representatives from the Cape Chamber of Commerce, South African Consumer Intelligence Agency and healthcare group GlaxcoSmithKline, among others.

Nersa said the hearing scheduled for the Gauteng in Midrand had been extended from the initial one day [Thursday] to continue until Friday.

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