Multi-Year Price Determination (MYPD) Draft Methodology

Call for comments opened 16 September 2016 Share this page:

Submissions are now closed (since 22 September 2016)

Energy

The National Energy Regulator of South Africa (NERSA) is a regulatory authority established as a juristic person in terms of Section 3 of the National Energy Regulator Act, 2004 (Act No. 40 of 2004). NERSA’s mandate is to regulate the electricity, piped-gas and petroleum pipelines industries in terms of the Electricity Regulation Act, 2006 (Act No. 4 of 2006), Gas Act, 2001 (Act No. 48 of 2001) and Petroleum Pipelines Act, 2003 (Act No. 60 of 2003).

On the 15 April 2016, The National Energy Regulator of South Africa (NERSA or ‘the Energy Regulator’) published a consultation paper on the review of the MYPD Methodology, with timelines for approval. Subsequently on 2 June 2016, the Energy Regulator held its public hearing on the MYPD consultation paper.

Due to the growing demand from stakeholders and for a more open and transparent regulatory process, NERSA has decided to extend the consultative process and get more inputs on the Draft MYPD Methodology. As part of this process, NERSA is requesting that stakeholders comment on the Draft MYPD Methodology as well as indicate if they would like to present at a public hearing.

Kindly note that the date of the public hearings will be communicated in due course based on the demand.

The process for the consultation and decision-making is outlined in the table below:

DRAFT HIGH-LEVEL TIMELINES FOR APPROVAL OF THE MYPD METHODOLOGY

ACTIVITY/TASK

DATE

Publication of draft methodology for stakeholder comments on the MYPD methodology

8 September 2016

Closing date for stakeholder comments on the MYPD methodology

22 September 2016

Energy Regulator decision on the MYPD methodology

27 October 2016

Publication of the MYPD methodology on the NERSA website

30 October 2016


Find document here: Multi-Year Price Determination (MYPD) Draft Methodology

Comments can be emailed to Ms Lehuma Masike and Mr Dumisani Njezu at mypd@nersa.org.za by no later than Thursday, 22 September 2016 at 16H00.

For Public hearings' dates and enquiries please contact Ms Lehuma Masike and Mr Dumisani Njezu on tel (012) 401 4600