Nersa grants Eskom tariff increase

But it's not the 45% percent the power utility was hoping for over three years.

The announcement was made earlier at a press conference in Pretoria.

"The approved allowable revenue will result in average percentage increases of 9,41%, 8,10% and 5,22% respectively for those three financial years," Jacob Modise said.  

Modise says a number of factors had to be considered before arriving at the decision.

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"In this regard, a thorough analysis of financial information submitted by Eskom was conducted. An economic impact assessment study was also conducted."