Eskom still studying Nersa report warning of utility ‘death spiral’

State-owned electricity utility Eskom says it is still studying the reasons for decision (RfD) advanced by the National Energy Regulator of South Africa (Nersa) for restricting its 2018/19 tariff increase to 5.23%, as opposed to the 19.9% hike sought, and would “decide on the way forward thereafter”. In January, the utility said it was “eagerly awaiting” Nersa’s (RfD), as it had expected to receive a minimum increase of 9% in terms of the tariff-setting methodology.