- The National Energy Regulator of South Africa (NERSA) has announced the timelines to process Eskom’s sixth Multi-Year Price Determination (MYPD6) revenue application for the 2025/26, 2026/27 and 2027/28 financial years.
Eskom’s revenue application amounts to R446bn for the 2025/26 financial year, R495bn for the 2026/27 financial year and R537bn for the 2027/28 financial year. This means the proposed average price increases for Eskom direct customers are 36.15% (1 April 2025 to 31 March 2026), 11.81% (1 April 2026 to 31 March 2027) and 9.10% (1 April 2027 to 31 March 2028).
Eskom’s MYPD6 application will be processed in terms of the fourth Multi-Year Price Determination (MYPD4) Methodology. The main drivers of Eskom’s revenue application are primary energy, operating costs, independent power producers (IPPs), international purchases and depreciation. NERSA will consider Eskom’s revenue application as per the timelines provided in tables 1 and 2 below.
Stakeholders are requested to comment, in writing, on the Consultation Paper on Eskom’s MYPD6 revenue application. Written comments can be forwarded to mypd@nersa.org.za; hand-delivered to Kulawula House, 526 Madiba Street, Arcadia, Pretoria, or posted to PO Box 40343, Arcadia, 0083, Pretoria, South Africa. The closing date for the submission of comments is 1 November 2024 at 16:00.
The consultation paper and Eskom’s MYPD6 revenue application are available on the NERSA website as follows:
1. Consultation Paper and the timelines for the processing of Eskom’s sixth Multi Year Price Determination (MYPD6) for the financial years 2025/26, 2026/27 and 2027/28 as approved at Special ELS on 23 September 2024
https://www.nersa.org.za/wp-content/uploads/2024/09/MYPD6-Consultation-Paper-Final.pdf
2. MYPD6 Summary NERSA Submission
https://www.nersa.org.za/wp-content/uploads/2024/09/1-MYPD6-Summary_NERSA-Submission_20240807.pdf
3. MYPD6 Generation Submission
https://www.nersa.org.za/wp-content/uploads/2024/09/2-MYPD6-Generation-Submission20240807.pdf
4. MYPD6 NTCSA Submission
https://www.nersa.org.za/wp-content/uploads/2024/09/MYPD6-NTCSA-Submission-20240807C.pdf
5. MYPD6 Distribution Submission
https://www.nersa.org.za/wp-content/uploads/2024/09/4-MYPD-6-Distribution-Submisison20240807.pdf
6. MYPD6 Abbreviations and Glossary
https://www.nersa.org.za/wp-content/uploads/2024/09/5MYPD6_Abbreviations-and-Glossary-20240807.pdf
Author: Bryan Groenendaal
