The statement follows a report in Moneyweb, which revealed details of a confidential document Eskom sent to the South African Local Government Association (Salga) and the National Treasury for their input.
The document also revealed that Eskom wants municipalities to pay 27.3% more for bulk electricity purchases from July 1 2018.
“The draft application is for total revenue of R218.7bn, an increase of 6.6% from the current year. The price impact is however much bigger because of the lower sales volumes,” Moneyweb explained.
The application follows Eskom’s last application, which saw the tariff increase by 2.2% in April 1 2017. Municipal customers will experience an average 0.3% increase with effect from July 1 2017, Eskom explained on Monday.
Eskom said that in order to meet the relevant legislative and regulatory requirements, the Eskom board had approved a draft revenue application for consultation with Salga and Treasury, which was submitted to the two organisations during April 2017.
“The Municipal Finance Management Act (MFMA) requires Eskom to consult with these entities before submitting its final revenue application to Nersa,” Eskom explained.
“They are allowed 40 days to provide comments. Eskom has received their responses.
“The responses from Salga and National Treasury are being considered. Eskom envisages that it would submit the final revenue application to Nersa during June 2017.”