$ = R 8.08
£ = R 12.85
€ = R 11.2
Oil = $ 110.75
Gold = $ 1638.27
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21:32 21 Oct 11
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No tariff tampering here
Wed, 11 Feb 2009 12:00
An Eskom submission, reportedly on tariff rises, was in fact about
proposed changes of rules regarding price determination, says the
minerals and energy department.
Media reports stated that Eskom had applied to the Energy Regulator
of SA (Nersa) for the annual electricity price increases, the
department said in a statement on Tuesday.
"(We) would like to place on record that the said submission was in
fact a response to the consultation paper on rules for the MYPD (Multi
Year Price Determination i.e. proposed rule changes) that was published
by Nersa," the department said.
"Eskom's response was tabled at the Nersa public hearings that were
held on 4 February 2009. The rules refer to the tariff methodology that
will be followed during the evaluation of Eskom's price application."