The National Energy Regulator of South Africa (Nersa) has published a new regulatory clearing account (RCA) application from Eskom, through which the State-owned utility is seeking to recoup R8.4-billion in cost and revenue variances for the 2019/20 financial year. The application is the first made under the fourth multiyear price determination period (MYPD4), which governs electricity tariffs for the three financial years from 2019/20 to 2021/22.