HomeIndustry SectorsFinance and PolicyNERSA approves liquidation of Eskom’s MYPD3 RCA balances

NERSA approves liquidation of Eskom’s MYPD3 RCA balances

The National Energy Regulator of South Africa (NERSA) has announced that it has approved the liquidation of Eskom’s Third Multi-Year Price Determination (MYPD3) Regulatory Clearing Account (RCA) balances for the 2014/15, 2015/16 and 2016/17 financial years over a four-year period.

The decision was made at the regulator’s meeting held on 26 September 2018.

NERSA explained that on 14 June 2018, the Energy Regulator approved that a total RCA balance of R32.69 billion will be recoverable from the standard tariff customers, local Special Pricing Agreements (SPAs) and international customers.

The Energy Regulator further approved as follows:

  1. The RCA balance of R31.105 million will be recovered from standard tariff customers and R1.585 million will be recovered from Negotiated Pricing Agreement (NPA) and International customers.
  2. Table 1 below shows the liquidation of Eskom’s RCA balance over a four-year period.

  1. Eskom will recover R8.173 million from Standard customers for the 2019/20, 2020/21, 2021/22 and 2022/23 financial years.
  2. The amount that will be recovered from NPAs and exports equates to R396 million in the 2019/20, 2020/21, 2021/22 and 2022/23 financial years.

The ‘Reasons for Decision’ document will be available on the NERSA website in due course. Read more: NERSA announces decision on Eskom’s Regulatory Clearing Account

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.

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