Nersa approves 12.74% tariff hike for April 1, as Eskom reports R16bn interim profit

The Energy Regulator, the National Energy Regulator of South Africa’s (Nersa’s) highest decision-making body, has granted Eskom a 12.74% tariff increase for implementation on April 1. The announcement coincided with the release of interim results by Eskom for the period to September 30, 2023. These showed that the utility made a profit of R16-billion in the first six months, a period that coincided with the high-demand and high-tariff winter months.