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Schedule for Eskom’s RCA Hearings Set Down

January 24, 2020

Department of Mineral Resources and Energy

24 January 2020

The timetable for Eskom’s Regulatory Clearing Account (RCA) application for 2018/19 has been released.

The mineral resources and energy department published the list of public hearings in Government Gazette 42970.

The National Energy Regulator (NERSA) received Eskom’s application in November 2019.

Eskom seeks a R27 billion clawback in tariffs due to unforeseen expenses buying coal and diesel and lower electricity sales.

The RCA serves as a depository for qualifying variances between the revenue and expenditure approved for Eskom in the MYPD3 determination and its actual revenue and expenditure.

According to the MYPD rules, a reconciliation of the variances needs to be carried out from time to time in order to quantify over/under collection of revenue and over/under-expenditure on Eskom’s part.

Hearings kick off in Cape Town on 3 February 2020 and conclude in Midrand on 24 February 2020.

Requests to make presentations and attend the hearings are invited until 31 January 2020.

Meanwhile, in Notice 47, the department has published the levy for the piped-gas industry for the 2019/20 financial year.

Drawn up by NERSA, the levy stands at 40.754 c/Gj in respect of the amount of gas, measured in gigajoule, delivered by importers and producers to the inlet flanges of transmission or distribution pipelines.

A budget of R73,902,240 is required for the regulation of the piped-gas industry.

In Notice 48, the department published the levy for the petroleum pipeline industry as determined by NERSA.

The levy for the petroleum pipelines is 0.39734 c/l for petroleum, measured in litres, delivered by importers, refiners and producers to the inlet flanges of petroleum pipelines.

A budget of R68,356,705 is required to regulate the petroleum pipelines industry.