South Africa: Parliament On Multi Year Price Determination (MYPD 3) Developments

21 July 2015

press release

The Portfolio Committee on Energy expressed concern and frustration about the lack of information from the National Energy Regulator of South Africa (NERSA) and Eskom regarding the problems of load shedding and tariff increases. The information presented by NERSA on the extent of the electricity challenge was found to be useful by the Committee but members of the Committee were concerned that this kind of information is not disseminated to the general public.

The Committee is on a week-long oversight visit in Gauteng, on day one of the oversight, the Committee met with NERSA. The Committee received a briefing on the recent developments of the Multi Year Price Determination (MYPD 3) re-opener that was denied by the regulator.

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