Today's Labour News

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nersaEngineering News reports that the Energy Intensive Users Group (EIUG) intends to approach the National Energy Regulator of SA (Nersa) before the end of September with a proposal for structural changes to Eskom’s tariff for large power users.  

It will propose removing existing cross-subsidies to assist businesses whose future sustainability is being placed in jeopardy by the utility’s current fast-rising price path.  In motivating for the short-term tariff relief, the EIUG will argue that competitive prices for electricity heavy firms will help stimulate economic growth and stave off the job losses that are likely to arise should these companies be forced to accept the further double digit tariff increases being sought by Eskom.  The proposed tariffs should not be accessible only to EIUG members and direct Eskom customers, but also to any company that meets the criteria set by the regulator.  Importantly, these more cost-reflective tariffs should also be available to power-intensive firms that buy their electricity from municipal distributors.  The EIUG’s planned approach to Nersa comes against the background of falling domestic electricity consumption, which has declined by 0.5% a year on average since 2006.

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