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Nersa ruffles feathers by approving generation licences for Karpowership SA
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Karpowership deal: Electricity price hikes in store for South Africans
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Mantashe gazetting new IPP rules just the first step in stopping load shedding
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Dr Willie Cilliers, chairman of the AHi Photo: AHi
GEORGE NEWS - Eskom s proposed tariff structure adjustments tabled to the National Energy Regulator (Nersa) have been met with huge concern, especially in the current economic climate.
Among its proposals are:
• Doing away with inclining block tariffs (the smaller your consumption, the cheaper it is per unit and the more your consume, the more expensive it becomes);
• Introducing a residential time-of-use tariff, called Homeflex, for urban residential customers. Homeflex will only be mandatory for consumers who have embedded alternative power generation (electricity that they want to sell back to the grid).