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Energy regulator grants Eskom approval to claw back R13.3bn in tarriffs

The National Energy Regulator of South Africa (Nersa) has granted Eskom approval to recover R13.3 billion as part of the power utility’s regulatory clearing account (RCA) application for the 2018/19 year.

The RCA application is a mechanism which allows Eskom to adjust for any over or under recovery of revenue for a particular year due to events which differ from initial assumptions made when the energy regulator granted tariffs.

The under or over recovery is then accounted for in adjustments made in future tariffs.

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