Energy regulator in South Africa approves Eskom Retail Tariff at 12.74% for 2024/25 

The Energy Regulator of South Africa, NERSA, has approved Eskom’s Retail Tariff and Structural Adjustment (ERTSA) application, as well as the average tariff increases for the respective customer categories and affordability subsidy that must be recovered from industrial and urban customers for the 2024/25 financial year.

The approved tariffs which exclude VAT are outlined as follows:

Credit: NERSA

Eskom submitted its ERTSA application for the 2024/25 financial year and the schedule of standard tariffs for approval on 10 October 2023. The 2024/25 schedule of tariffs is for implementation on 1 April 2024 for non-local authority customers and 1 July 2024 for local authority (municipalities) customers. The 1 July 2024 implementation date for municipalities is in accordance with the requirements of the Municipal Finance Management Act, 2003 (Act No. 56 of 2003) (MFMA). 

It is important to note that the NERSA-approved tariffs exclude the value-added tax (VAT). Eskom will ensure that its approved Schedule of Standard Prices for the 2024/25 financial year is published on its website, communicated to all customers, and made easily available to the general public on request. 

Author: Bryan Groenendaal

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