Eskom is planning to recover losses from corruption and loopholes in the MYPD rules by increasing your tariffs by an estimated 30% before the end of 2018.
Nersa has invited the public to comment on Eskom’s request to increase tariffs to recover R66bn lost between 2014 and 2017 – the years included in the Public Protector’s “State of Capture Report”.
“In order to recover this money, it would need to increase tariffs by 33%,” Yelland explained. “That is what Eskom will ask for at Nersa, this is not to say that they will get it.”