2 April 2008 – The National Energy Regulator of South Africa (NERSA) approved the approach and timelines of processing Eskom’s application for average electricity price increase for the 2008/9 financial year at its meeting held on Friday 28 March 2008.

electricityThe Energy Regulator resolved that the approach in processing Eskom’s application will be dealt with in terms of sections 15(1) (d, e & g) and 16 (1) of the Electricity Regulation Act, 2006 (Act No. 4 of 2006). The two sections deal with conditions of licence relating to the setting or approval of prices, charges and tariffs and the regulation of revenues.

The Energy Regulator acknowledges that this application is submitted during the national electricity supply emergency and as a result would like to expedite the processing of Eskom’s application. It is for this reason that the Energy Regulator has shortened the application processing time as shown in the timelines below, without compromising the due process, which normally takes thrice as long.

TIMELINES FOR PROCESSING ESKOM’S APPLICATION

ITEM/ACTIVITY

ACTUAL/TARGET DATE

1. Eskom’s Application Received by the National Energy Regulator of South Africa (NERSA)

18 March 2008

2. Energy Regulator approves process and timelines

28 March 20008

3. Electricity Subcommittee of the Energy Regulator considers confidentiality request by Eskom and NERSA’s consultation paper

07 April 2008

4. Publication of NERSA consultation paper and Eskom’s application. Invitation for written public comments will also be issued.

08 April 2008

5. Deadline for submitting written public comments to NERSA

29 April 2008

6. Closing date for registering to attend and/or present at the Public Hearing

19 May 2008

7. Public Hearing

23 May 2008

8. Electricity Subcommittee meeting to consider recommending to the Energy Regulator

27 May 2008

9. Energy Regulator considers and decides on Eskom’s application for price increase for 2008/09

06 June 2008

NERSA would like to encourage all stakeholders and the public to actively participate in this process by submitting written comments and attend or make oral representation at the public hearing to be held on 23 May 2008. The NERSA consultation paper and Eskom’s application will be available on NERSA’s website at: www.nersa.org.za as from 8 April 2008.

Written public comments can be submitted to Mr Mtutuzeli Benya or Ms Priya Singh at this email address: eskomprice2008/9@nersa.org.za.

To attend and/or present at the public hearing, please register at this e-mail address: publichearing@nersa.org.za End.

ISSUED BY THE NATIONAL ENERGY REGULATOR (NERSA), PRETORIA, 02 APRIL 2008

For more information contact: Charles Hlebela HOD: Communication & Stakeholder Management
Tel: 012 401 4768
Email:mailto:charles.hlebela@nersa.org.za
Cell: 083 646 8280