Eskom’s third Multi-Year Price Determination (MYPD3) Regulatory Clearing Account (RCA) Year 2 (2014/15), Year 3 (2015/16) and Year 4 (2016/17) applications and indicative timelines for the determination process
Call for comments opened 30 January 2018 Share this page:Submissions are now closed (since 23 March 2018)
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).
NERSA has received Eskom’s third Multi-Year Price Determination (MYPD3) Regulatory Clearing Account (RCA) Year 2 (2014/15), Year 3 (2015/16) and Year 4 (2016/17) applications totalling R66.6 billion.
The Energy Regulator will assess Eskom’s application following due regulatory processes. The indicative timeline for the decision-making process is provided in Table 1 below.
Table 1: Indicative Timeline (Subject to change)
Activity |
Timeframe |
1. Publish Eskom’s applications on NERSA website for stakeholder comments |
23 January 2018 |
2. Closing date for stakeholder comments |
23 March 2018 |
3. Public Hearings on RCAs – 2 nd , 3 rd & 4th year MYPD3 (9 provinces in 3 weeks) |
7 – 25 May 2018 |
4. NERSA’s Electricity Subcommittee (ELS) to consider draft Reasons for Decision |
6 August 2018 |
5. Energy Regulator decision on Eskom’s RCA applications |
29 August 2018 |
The planned dates for the public hearings on this matter are provided in Table 2 below and are subject to change.
Table 2: Proposed public hearing dates and venues*
PROVINCE |
DATE |
Western Cape |
7 May 2018 |
Eastern Cape |
9 May 2018 |
KwaZulu-Natal |
11 May 2018 |
North West |
14 May 2018 |
Northern Cape |
16 May 2018 |
Free State |
18 May 2018 |
Mpumalanga |
21 May 2018 |
Limpopo |
23 May 2018 |
Gauteng |
25 May 2018 |
*The dates of the public hearings are subject to review depending on the number of presenters that register. Venues will be communicated in due course.
Find Eskom’s RCA applications here: NERSA Explanatory Note on Eskom's Regulatory Clearing Account applications
Regulatory Clearing Account application 2014/15
Regulatory Clearing Account application 2015/16
Regulatory Clearing Account application 2016/17
What is an RCA Application? See explanation of this process by Eskom
Comments can be emailed to Ms Lehuma Masike and Mr Dumisani Njezu at mypd@nersa.org.za by no later than Friday, 23 March 2018 at 16H00.
Members of the public and stakeholders who wish to attend or present their views at any of the public hearings must submit their request to publichearings@nersa.org.za by 15:30 on 19 April 2018.
For Public hearings' dates and enquiries please contact Ms Lehuma Masike and Mr Dumisani Njezu on tel (012) 401 4600