Gauteng: The National Energy Regulator of South Africa (NERSA) is conducting public hearings this week in Gauteng regarding Eskom’s Sixth Multi-Year Price Determination (MYPD 6) revenue application for the financial years 2025/26, 2026/27, and 2027/28.

According to South African Government News Agency, the public hearings are scheduled for December 3 and 4, 2024, from 09:00 to 17:00. The first session will take place in Soweto at Uncle Tom’s Community Centre, while the second session is set for the Gallagher Convention Centre in Midrand. Eskom’s revenue request is R446 billion for 2025/26, R495 billion for 2026/27, and R537 billion for 2027/28.

The proposed average price increases for Eskom direct customers are significant, with a 36.15% increase from April 1, 2025, to March 31, 2026, followed by 11.81% for 2026/27 and 9.10% for 2027/28. The application is processed under the MYPD 4 Methodology, focusing on primary energy costs, operating expenses, independent power producers, international purchases, and d
epreciation.

NERSA emphasized its commitment to conducting regulatory processes with transparency, fairness, and inclusivity, ensuring public participation is integral to the decision-making process.