0 comments delivered, so far (closes 11 March 2022)
The Minister of Mineral Resources and Energy invites you to submit comments on the Draft Electricity Pricing Policy and the draft Electricity Pricing Policy (EPP)
- The revised EPP seeks to strike a balance in providing affordable electricity tariffs for low-income consumers and a cost-reflective electricity tariff for all other consumers.
- The policy provides the general pricing principles, the wholesale energy and transmission pricing structure, and the distribution and retail pricing structure.
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Need for EPP and Related Policies
There is an urgent need not only for an EPP, but also for a new electricity (or energy) policy. The requirement to unbundling of Eskom, with this being a precursor to an independent system operator and the development of energy market, the electricity pricing environment is changing.
The EPP should provide direction and principles for the formulation of electricity prices in South Africa.
The EPP should also reflect the most recent policies and legislation. The EPP should not be too detailed and should indicate broad level direction. It should also define the accountabilities/responsibilities; focus on the required outcomes and the timing aspects of the outcomes.