NATIONAL ENERGY REGULATOR OF SOUTH AFRICA. Electricity Subcommittee Public Hearing 3 June 2010
|
|
- Loreen Morgan
- 6 years ago
- Views:
Transcription
1 Presentation ti to the NATIONAL ENERGY REGULATOR OF SOUTH AFRICA Electricity Subcommittee Public Hearing 3 June
2 Content of Presentation Motivation and background of Tariff Increases proposed General factors to be taken into account by NERSA Financial Risk / Implications if tariffs are not approved 2
3 Motivation and Background Council approved the electricity tariff increases on 27 May 2010 Tariffs to be implemented on 1 July 2010 Average increase of 28,9% on income from electricity tariff increases 3
4 Average increase per tariff category Tariff Type of Consumers No of Increase Category consumers Tariff A Lifeline Prepaid Tariff A Prepaid + Credit Tariff B Poorest of the poor Indigents (restricted to 20 Ampere) +100 kwh FBE Residential low income (60 Ampere), cross over with Tariff B is 655 units kwh FBE < (numbers 0% will increase sharply) Block 1(150 (1-50 kwh) = 17,5% Block 2 ( kwh) = 21,7% Block 3 ( kwh) = 28,3% Block 4 (> 600 kwh) = 29,7% Average of blocks 1 and 2= 20% Average of blocks 1 to 3 = 25,7% ± kwh FBE Average of blocks 1 and 2= 20% Residential households, NO FBE Tariff B Business ± % ± Average of 27,9% on consumption of 800 kwh Tariff C Large residential, Average of 32% business & industrial Tariff D Large residential, 662 business & industrial Average of 32% 4
5 Previous Year s Tariff Increases Date EMM Eskom Difference Notes increase increase July ,8% 5,9% + 0,9% 2% Maintenance levy implemented and dincluded d July ,5% 5,6% - 0,1% Additional 1% Maintenance levy implemented and included July ,2% 35,9% - 25,5% 2 winter months and 1 summer month of severe under-recovery. Eskom monthly increases as follows: July 2008 = 40.72% August 2008 = 35.04% September 2008 = 37.35% October 2 20% (total 35,9% - 3,3% ,6% since 1July) July % 34% - 4% July ,9% 28,9% 0% 5
6 Statistics on Surplus on Electricity Service 2006/ / / /10 ACTUAL BUDGET ACTUAL BUDGET ACTUAL BUDGET ACTUAL BUDGET 28/2/2010 SALES 3,207 3,074 3,650 3,235 4,513 4,001 5,848 3,817 LESS:BULK PURCHASES 1,946 1,942 2,185 2,135 2,866 2,843 3,852 2,474 GROSS PROFIT 1,261 1,132 1,465 1,100 1,647 1,158 1,996 1,343 GROSS PROFIT (% OF SALES) 39.3% 36.8% 40.1% 34.0% 36.5% 28.9% 34.1% 35.2% PLUS:OTHER INCOME LESS:OTHER EXPENDITURE 1, ,132 1,035 2,103 1,976 2,364 1,484 NET PROFIT NET PROFIT (% OF SALES) 20.5% 18.0% 18.4% 10.6% 0.0% -9.1% 2.2% 3.3% 6
7 Statistics on Expenditure on Electricity Service 2006/ / / / /11 % Increase Budget ACTUAL to BUDGET ACTUAL BUDGET ACTUAL BUDGET ACTUAL BUDGET 28/2/2010 BUDGET Budget Salaries % Bad Debt Provision % Collection Costs % Depreciation % Repair & Maintenance External % Repair & Maintenance Internal % Interest External Borrowings % Contracted Services % Free Basic Electricity % General Expenditure % Internal charges % Total Other Expenditure 1, ,132 1,035 2,103 1,976 2,364 1,436 2,590 10% Bulk 1,946 1,942 2,185 2,135 2,866 2,843 3,852 2,476 4,842 26% TOTAL EXPENDITURE 2,994 2,812 3, ,170 4,969 4,816 6,216 3,912 7,432 20% 7
8 OTHER BUDGET INFORMATION Capital Budget for Electricity 2010/11 - R293mill. 2011/12 - R308mill. 2012/13 - R299mill. Add Capital Budget for prepaid meters R50 mill per year (for next 3 years) Mainly to address to escalating problem of non-payment 8
9 ELECTRICITY MAINTENANCE LEVY Implemented as follows: 2005/06-0,8% Of Sales 2006/07-2,0% Of Sales 2008/09-30%OfS 3,0% Sales Budgeted amounts: 2006/07 - R64 mill. 2007/08 - R113 mill. 2008/09 - R149 mill. 2009/10 - R170 mill. 2010/11 - R222 mill. 9
10 General factors affecting the determination of tariffs Income from investments 2009/10 Original Budget = R179 mill 2010/11 Approved Budget = R56 mill. Depreciation 2009/10 Original Budget = R306 mill. (Nett) 2010/11 Approved Budget = R712 mill. Interest on loans 2009/10 Original Budget = R275 mill 2010/11 Approved Budget = R470 mill. Bad Debt Provision 2009/10 Original Budget = R1 143 mill. 2010/11 Approved Budget = R1 373 mill. Negative impact (net) from 09/10 to 2010/11 Budget = R 954 mill. 10
11 MFMA Guidelines regarding Electricity tariff increases The National Treasury s Annexure to MFMA Circular No. 51, dated 23 March 2010, amongst other things, state the following:.. however, in their tariff applications to NERSA municipalities may motivate for higher increases, after considering all factors that impact on their electricity services, including: ensuring a reasonable rate of return on electricity assets; previous under- or over-recovery due to last year s increase being less than or greater than the actual 31,3 per cent increase; the cost of capital expansion programmes and repairs and maintenance; the labour (i.e. the wage agreements with unions) and other input costs or services provided by the municipality or entity; the need to ensure financial sustainability; local economic conditions, and the affordability of electricity services, taking into consideration the municipality s indigent policy. 11
12 Free Basic Services Service Number of Households Free Units Income Foregone Indigent Support Water - householdsh 426, ,390,515 Water - indigents (additional) 50, ,320,000 Sewerage - households 426, ,308,447 Sewerage - indigents (additional) 50, ,152,000 Refuse Removal - indigents 50,000 36,966,000 Electricity: Conventional Meters High Season (3 months) 48, ,435,130 Low Season (9 months) 48, ,392,364 Electricity: Pre-paid High Season (3 months) 160, ,801,600 Low Season (9 months) 160, ,856,000 FBE payable to Eskom consumers 107, ,000,000 Assessment Rates Residential Exclusions 465, , ,119,900 Assessment Rates - Indigents 50, ,000 49,500,000 TOTAL 1,227,803,956 60,438,000 12
13 Service Delivery Backlogs: Electricity Item Units Cost Electrification Formal Households R2 billion Network Upgrade - R800 million Street Lighting Poles R20 million Highmast Lighting 500 Masts R30 million Maintenance - R785 million Protective Structures Installed Number of Meters Protected Structures R60 million 13
14 Impact for City of Ekurhuleni if proposed tariff increases are not approved. - Current Surplus of Electricity = R508 mill. - Every 1% decrease in tariff represents R60 mill. loss in income (excluding adjustment of maintenance levy). - To counteract the loss of R60 mill. it would require Council to increase assessment rates with 2,5% - If average increase must decrease from 28,9% to 22%, the surplus from the Electricity Service will reduce with approximately R414 mill. to R94 mill. 14
15 Legal problems to amend approved Council tariffs - Council approved tariffs on 27 May Increases must be published 30 days prior to implementation - I.t.o MFMA, tariffs can only be amended once par year. - Any reduction of the electricity tariffs would result in a budgeted loss - Other tariffs cannot be amended to accommodate loss of income - MFMA does not permit Council to budget for a loss. - Council would not be in a position to amend the budget before 1 July Council would not be able to conduct any public participation resulting from the amendment of the tariffs. - NERSA is requested to approve the proposed tariffs with the condition that Council will apply the claw back principle in the following financial year. - If the proposed tariffs are not approved, NERSA is requested to indicate the specific tariff categories that should be amended. 15
16 16
NATIONAL ENERGY REGULATOR OF SOUTH AFRICA
In the matter regarding NATIONAL ENERGY REGULATOR OF SOUTH AFRICA DETERMINATION OF THE MUNICIPAL TARIFF GUIDELINE FOR THE FINANCIAL YEAR 2013/14 AND THE REVISION OF MUNICIPAL TARIFF BENCHMARKS DECISION
More informationANNEXURE 1. Consultation Paper
ANNEXURE 1 MUNICIPAL TARIFF GUIDELINE INCREASE, BENCHMARKS AND PROPOSED TIMELINES FOR MUNICIPAL TARIFF APPROVAL PROCESS FOR THE 2017/18 FINANCIAL YEAR Consultation Paper 23 February 2017 TABLE OF CONTENTS
More informationANNEXURE 1. Consultation Paper
ANNEXURE 1 MUNICIPAL TARIFF GUIDELINE INCREASE, BENCHMARKS AND PROPOSED TIMELINES FOR MUNICIPAL TARIFF APPROVAL PROCESS FOR THE 2018/19 FINANCIAL YEAR Consultation Paper Published on 28 February 2018 Table
More informationResidential tariff increases and restructuring for MYPD3 explained. Brochure
Residential tariff increases and restructuring for MYPD3 explained Brochure November 2012 Residential brochure for MYPD3 changes Page 1 PART 1: ESKOM REVENUE REQUIREMENT Introduction Eskom applies for
More informationFUNDING & RESERVES POLICY
FUNDING & RESERVES POLICY UNCHANGED 1 JULY 2016 STEVE TSHWETE LOCAL MUNICIPALITY MP 313 Approved May 2016 C36/05/2016 1. INTRODUCTION The funding and reserves policy is aimed to ensure that the municipality
More informationApproved New Tariffs & Rates for City of Johannesburg Effective 1 July 2011 Principally Residential / Domestic Tariffs Prepared 30 th August 2011
Approved New Tariffs & Rates for City of Johannesburg Effective 1 July 2011 Principally Residential / Domestic Tariffs Prepared 30 th August 2011 This document has been prepared by the DA caucus of the
More information29 March 2012 MBOMBELA LOCAL MUNICIPALITY DRAFT 2012/ /2015 ANNUAL BUDGET AND MEDIUM- TERM REVENUE AND EXPENDITURE FRAMEWORK
29 March 2012 MBOMBELA LOCAL MUNICIPALITY DRAFT 2012/2013 2014/2015 ANNUAL BUDGET AND MEDIUM- TERM REVENUE AND EXPENDITURE FRAMEWORK MBOMBELA LOCAL MUNICIPALITY 2012/13 TO 2014/15 DRAFT ANNUAL BUDGET AND
More informationSETSOTO LOCALL MUNICIPALITY
ANNUAL BUDGET OF SETSOTO LOCALL MUNICIPALITY Page 1 TABLE OF CONTENTS 2013/14 TO 2015/16 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS PART 1: ANNUAL BUDGET 6 1.1 MAYOR S REPORT 6 (REFER TO THE ATTACHMENT)
More informationNATIONAL ENERGY REGULATOR OF SOUTH AFRICA
NATIONAL ENERGY REGULATOR OF SOUTH AFRICA In the matter regarding DETERMINATION OF THE MUNICIPAL TARIFF GUIDELINE AND THE REVISION OF MUNICIPAL TARIFF BENCHMARKS FOR THE FINANCIAL YEAR 2011/12 DECISION
More informationCONSULTATION PAPER ON THE REVIEW OF INCLINING BLOCK TARIFFS FOR ELECTRICITY DISTRIBUTORS
CONSULTATION PAPER ON THE REVIEW OF INCLINING BLOCK TARIFFS FOR ELECTRICITY DISTRIBUTORS Published on 21 September 2012 Page 1 of 41 TABLE OF CONTENTS 1. Introduction... 4 2. NERSA Mandate... 5 3. Background...
More informationQUARTERLY PERFORMANCE REPORT FOR QUARTER 3: 1 JANUARY MARCH 2016
ANNEXURE C QUARTERLY PERFORMANCE REPORT FOR QUARTER 3: 1 JANUARY 2016 31 MARCH 2016 2/9/2 REPORT BY THE MANAGER STRATEGIC SERVICES 1 PURPOSE The purpose of this report is to present the quarterly performance
More information(011) (fax) Department:
Telephone: (011) 999-5263 (work) Ekurhuleni Metropolitan Municipality (011) 917-1634 (fax) Department: e-mail: stephen.delport@ekurhuleni.gov.za Electricity and Energy PO Box 215 Boksburg 1460 62 nd AMEU(SA)
More informationGUIDELINE DOCUMENT TO MUNICIPALITIES ON THE DESIGN OF A DOMESTIC INCLINING BLOCK RATE TARIFF
GUIDELINE DOCUMENT TO MUNICIPALITIES ON THE DESIGN OF A DOMESTIC INCLINING BLOCK RATE TARIFF 1. BACKGROUND AND APPROACH 1.1. During the National Energy Regulator of South Africa (NERSA) stakeholder consultation
More information1.1 Executive Mayor s Report Council Resolutions Executive Summary Operating Expenditure Framework Capital Expenditure 22
TABLE OF CONTENTS 2 PART 1 ANNUAL BUDGET Page 1.1 Executive Mayor s Report 5 1.2 Council Resolutions 7 1.3 Executive Summary 8 1.4 Operating Revenue Framework 10 1.5 Operating 18 1.6 Capital Expenditure
More informationNAMA KHOI LOCAL MUNICIPALITY
NAMA KHOI LOCAL MUNICIPALITY FINAL BUDGET 2017/18 TO 2019/20 Copies of this document can be viewed: In the foyers of all municipal buildings All public libraries within the municipality At www.namakhoi.gov.za
More informationMYPD3 Application Gauteng January 2013
MYPD3 Application 2014-2018 Gauteng January 2013 Disclaimer This presentation does not constitute or form part of and should not be construed as, an offer to sell, or the solicitation or invitation of
More informationA study into approaches to minimise the impact of electricity price increases on the poor
TRADE AND INDUSTRY CHAMBER FUND FOR RESEARCH INTO INDUSTRIAL DEVELOPMENT, GROWTH AND EQUITY (FRIDGE) A study into approaches to minimise the impact of electricity price increases on the poor Final Report
More informationuthungulu District Municipality
The Municipality Tariff Policy TABLE OF CONTENTS 1. Definitions 2. Preamble 3. General Introduction and Objective 4. Principles 5. Classification and pricing strategies of services 6. Calculation of Tariffs
More informationSWARTLAND MUNICIPALITY
SWARTLAND MUNICIPALITY PRESENTATION AT NERSA PUBLIC HEARING 3 JUNE 2010 2010/11 ELECTRICITY TARIFF APPLICATION R DU TOIT Pr Eng 1 2 ACKNOWLEDGEMENTS Extracts and copies from public documents included in
More informationEskom 2018/19 Revenue Application
Eskom 2018/19 Revenue Application Nersa Public Hearings Klerksdorp 13 November 2017 Where we are coming from This revenue application is being made for the year 2018/19, after the Energy Regulator maintained
More informationTheewaterskloof Municipality
Theewaterskloof Municipality Final Budget 2018/2019 to 2020/2021 29 May 2018 English is original version Copies of this document can be viewed: In the foyer of all municipal offices All public libraries
More informationAMEU Convention Tuesday 28 SEPTEMBER 2010 Stellenbosch
AMEU Convention Tuesday 28 SEPTEMBER 2010 Stellenbosch Chief Engineer: Metering, Vending and Tariffs City of Ekurhuleni Stephen Delport 28 SEPTEMBER 2010 During the Depression years, when power lines first
More informationMEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2014/ /17
MANGAUNG METROPOLITAN MUNICIPALITY MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2014/15-2016/17 MANGAUNG METROPOLITAN MUNICIPALITY TABLE OF CONTENTS PART 1 - ANNUAL BUDGET 1. Executive Summary 4 2. Summary
More informationCOMPANY OVERVIEW ABOUT PEC METERING. Background
COMPANY OVERVIEW ABOUT PEC METERING Background PEC Metering (Pty) Ltd is a private professional company established in 1994, specialising in utility management services and energy management with operations
More informationPresentation to NERSA on ESKOM tariff application 5 February 2016
Presentation to NERSA on ESKOM tariff application 5 February 2016 Why all here? Will it really help? Hope Confidence that NERSA will actually consider our concerns and let it find expression in the tariff
More informationEskom 2018/19 Revenue Application
Eskom 2018/19 Revenue Application Nersa Public Hearings Bloemfontein 15 November 2017 Where we are coming from This revenue application is being made for the year 2018/19, after the Energy Regulator maintained
More informationEskom Revenue Application. Multi Year Price Determination. 2010/11 to 2012/13 (MYPD 2)
Issues Paper Eskom Revenue Application Multi Year Price Determination 2010/11 to 2012/13 (MYPD 2) Published on 30 October 2009 1 TABLE OF CONTENTS Abbreviations... 3 Definitions... 4 1. Introduction...6
More informationMUNISIPALITEIT VIREMENT POLICY
MUNISIPALITEIT VIREMENT POLICY 2016/2017 (REVIEWED NOT AMENDED) TABLE OF CONTENTS 1. PREAMBLE... 3 2. DEFINITIONS... 3 3. ABBREVIATIONS... 4 4. OBJECTIVE OF POLICY... 5 5. VIREMENT CLARIFICATION... 5 6.
More informationTHE 2010/11 TARIFF ADJUSTMENT. Standard schedule of Tariffs
THE TARIFF ADJUSTMENT Standard schedule of Tariffs Scenario Modelling Tool (SMT) Tariff options Only change is to the residential Standard ' options - Urban Rural Residential Megaflex Ruraflex Inclining
More informationFFC Public Hearings on the LG Fiscal Framework. Comment by SALGA
FFC Public Hearings on the LG Fiscal Framework Comment by SALGA Leriba Lodge 4 June 2012 Overview Introduction General Comments Service Delivery Capital Investment Revenue Patterns Expenditure LGFF Proposed
More informationAMEU CONVENTION 2010 MUNICIPAL TARIFF CHALLENGES
AMEU CONVENTION 2010 MUNICIPAL TARIFF CHALLENGES Ir Leon Kritzinger 28 September 2010 What lies behind us and what lies before us are tiny matters compared to what lies within us. Walt Emerson Challenges
More informationMYPD3 Application January 2013
MYPD3 Application 2014-2018 January 2013 Disclaimer This presentation does not constitute or form part of and should not be construed as, an offer to sell, or the solicitation or invitation of any offer
More informationDr Willem J. De Beer, Chief Operations Officer, EDI Holdings (Pty) Ltd, South Africa 23November 2010
Dr Willem J. De Beer, Chief Operations Officer, EDI Holdings (Pty) Ltd, South Africa 23November 2010 The process of dealing with the EDI maintenance backlog: Can we catch up? Electricity Supply Chain GENERATION
More informationMEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2017/ /20
MANGAUNG METROPOLITAN MUNICIPALITY MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2017/18-2019/20 MANGAUNG METROPOLITAN MUNICIPALITY TABLE OF CONTENTS PART 1 - ANNUAL BUDGET 1. Executive Summary 4 2. Summary
More informationOVERBERG DISTRICT MUNICIPALITY CREDIT CONTROL AND DEBT MANAGEMENT POLICY
OVERBERG DISTRICT MUNICIPALITY CREDIT CONTROL AND DEBT MANAGEMENT POLICY Reviewed: 30 March 2017 Page 1 of 9 TABLE OF CONTENTS 1. BACKGROUND... 3 2. PURPOSE... 3 3. DEFINITIONS... 3 4. LEGAL FRAMEWORK...
More informationPRESENTATION TO NERSA BY Mr WH BOSHOFF
PRESENTATION TO NERSA BY Mr WH BOSHOFF The presenter has been in property and development for over 20 years. He is the owner of numerous commercial developments and various other properties. He is paying
More informationUpdate on the Energy Conservation Scheme (ECS) proposed by the DME and Eskom. by Chris Yelland CEng Managing editor EE Publishers
Update on the Energy Conservation Scheme (ECS) proposed by the DME and Eskom by Chris Yelland CEng Managing editor EE Publishers Background to the ECS The ECS is a component of the Power Conservation Programme
More informationCAMDEBOO MUNICIPALITY
CAMDEBOO MUNICIPALITY CAMDEBOO MUNICIPALITY GRAAFF-REINET ABERDEEN NIEU-BETHESDA (ESKOM) URSULA BAARTMAN MANAGER: FINANCE JIMMY JOUBERT CHIEF FINANCIAL OFFICER ALBERTUS VAN ZYL MANAGER: ELECTRICITY Statistics
More informationEskom 2018/19 Revenue Application
Eskom 2018/19 Revenue Application Nersa Public Hearings 30 October 2017 Where we are coming from This revenue application is being made for the year 2018/19, after the Energy Regulator maintained its revenue
More informationPublic Hearing Presenter: D Matsheketsheke Designation: CFO (act) Date: 9 June 2011
Public Hearing Presenter: D Matsheketsheke Designation: CFO (act) Date: 9 June 2011 MOE: City Power 1 Introduction: Strategic Priorities SERVICE 1. Social transformation (public lighting/ electrification)
More informationDemystifying Tariff Setting The tariff conundrum Lower rates now, blackouts later?
Demystifying Tariff Setting The tariff conundrum Lower rates now, blackouts later? Does South Africa need a cost reflective tariff? For years, low electricity costs have been a driver behind South Africa
More informationTHEEWATERSKLOOF MUNICIPALITY TARIFF POLICY
THEEWATERSKLOOF MUNICIPALITY TARIFF POLICY Approved by Council : SC22/2016-26 May 2016 Contents 1. DEFINITIONS... 4 2. PURPOSE OF THIS POLICY... 6 3. TARIFF PRINCIPLES... 6 4. CATEGORIES OF CUSTOMERS...
More informationPOST-CABINET MEDIA BRIEFING
POST-CABINET MEDIA BRIEFING By Phindile Nzimande CEO Holdings (Pty) Ltd 31 October 2006 Summary of Who We Are EDI HOLDINGS is a 100% state owned company We were established in 2003 to restructure the electricity
More informationEXPENDITURE /15 STANDING COMMITTEE ON APPROPRIATIONS
EXPENDITURE - 2014/15 STANDING COMMITTEE ON APPROPRIATIONS Presenter: Dondo Mogajane Deputy Director-General, Public Finance, National Treasury 28 June 2015 Cumulative revenue and expenditure 2014/15 Main
More informationDraft budget and Medium Term Revenue & Expenditure Framework for 2017/18term
2017/18term ANNUAL BUDGET OF NONGOMA MUNICIPALITY 2017/18 TO 2019/20 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS Final budget and Medium Term Revenue Expenditure Framework for 2016/17 year Page 1 of
More informationNONGOMA MUNICIPALITY
ANNUAL BUDGET OF NONGOMA MUNICIPALITY 2018/19 TO 2020/21 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS Draft budget and Medium Term Revenue Expenditure Framework for 2018/19 year Page 1 of 66 Table of
More informationPortfolio Committee on Energy
Portfolio Committee on Energy Briefing Integrated National Electrification Programme (INEP) 26 August 2014 Context & Purpose Previous briefings to PC on INEP DoE in September 2013 Salga and DoE in February
More informationCEDERBERG 2011/2012 TARIFF APPLICATION
CEDERBERG 2011/2012 TARIFF APPLICATION BACKGROUND Cederberg Local Municipality area of jurisdiction includes the areas: Clanwilliam,Citrusdal, Lamberts Bay, Elands Bay, Graafwater, Wuppertal, Algeria,
More informationBC HYDRO S RATE DESIGN APPLICATION FARM AND IRRIGATION CUSTOMER ISSUES. Presentation to the BC Cranberry Marketing Commission (BCCMC) June 15, 2015
BC HYDRO S RATE DESIGN APPLICATION FARM AND IRRIGATION CUSTOMER ISSUES Presentation to the BC Cranberry Marketing Commission (BCCMC) June 15, 2015 AGENDA Background on BC Hydro s 2015 Rate Design Application
More informationMEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK. (Including NALEDI) 2016/ /19
MANGAUNG METROPOLITAN MUNICIPALITY MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK (Including NALEDI) 2016/17-2018/19 MANGAUNG METROPOLITAN MUNICIPALITY TABLE OF CONTENTS PART 1 - ANNUAL BUDGET 1. Executive
More informationMEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2015/ /18
MANGAUNG METROPOLITAN MUNICIPALITY MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK - 2017/18 MANGAUNG METROPOLITAN MUNICIPALITY TABLE OF CONTENTS PART 1 - ANNUAL BUDGET 1. Executive Summary 4 2. Summary
More informationRCAs submitted for FY2014/15, FY 2015/16 and FY 2016/17. NERSA Public Hearings 17 April 2018
RCAs submitted for FY2014/15, FY 2015/16 and FY 2016/17 NERSA Public Hearings 17 April 2018 Regulator members requests Eskom has taken note of all requests made by Regulator members of the panel for :
More informationTHABA CHWEU LOCAL MUNICIPALITY
Thaba Chweu Municipality 2017/18 Annual Budget and MTREF THABA CHWEU LOCAL MUNICIPALITY MEDUIM TERM REVENUE AND EXPENDITURE FRAMEWORK 2017/18 TO 2019/20 Copies of this document can be viewed: In the foyers
More informationBOARD OF PUBLIC UTILITIES KANSAS CITY, KANSAS
BOARD OF PUBLIC UTILITIES KANSAS CITY, KANSAS Electric Utility Revenues, Revenue Requirements, Cost of Service, And Rates Draft Final Report (As Updated) February 2010 February 1, 2010 Kansas City Board
More informationTARIFF POLICY GEORGE MUNICIPALITY. 1 P a g e / D R A F T : 2 6 M A R C H A P P R O V E D : 2 7 M A Y
TARIFF POLICY GEORGE MUNICIPALITY 1 P a g e 2 0 1 5 / 2 0 1 6 TARIFF POLICY GEORGE MUNICIPALITY INDEX 1. PART 1: PREAMBLE 3 2. PART 2: DEFINITIONS 3 3. PART 3: PURPOSE 8 4. PART 4: ALIGNMENT WITH THE MUNICIPALITY
More informationPLAN AND MANAGE THE BUDGET POLICY & PROCEDURE MANUAL
PLAN AND MANAGE THE BUDGET POLICY & PROCEDURE MANUAL THABA CHWEU LOCAL MUNICIPALITY Approved 25 June 2012 Resolution no: A50/2012 TABLE OF CONTENTS 1 INTRODUCTION... 1 1.1 Vision and value statement...
More informationSewer Rates. General Information Sheet. July 18, 2017
Sewer Rates General Information Sheet July 18, 2017 Welcome to the City of O'Fallon's sewer rates public hearing. This meeting presents the preliminary findings to revise the sewer rates. In this public
More informationRAINMAKER ENERGY. Comments to 2011 NERSA REFIT Review Tariffs
RAINMAKER ENERGY Comments to 2011 NERSA REFIT Review Tariffs 1 About Rainmaker Rainmaker Energy is developing Wind projects within South Africa Two flagship projects are in final stage of development,
More informationNOTIFICATION OF DEMAND OR CHANGES TO NOTIFIED MAXIMUM DEMAND (NMD) RULES
1 NOTIFICATION OF DEMAND OR CHANGES TO NOTIFIED MAXIMUM DEMAND (NMD) RULES INDEX OF RULES 1. Notified maximum demand... 1 1.1. Initial selection of notified maximum demand (NMD)...1 1.2. Notification of
More informationKING CETSHWAYO DISTRICT MUNICIPALITY
KING CETSHWAYO DISTRICT MUNICIPALITY The Municipality VIREMENT POLICY TABLE OF CONTENTS 1. Definitions 3 2. Introduction 5 3. Objectives 5 4. Scope of the Policy 6 5. Regulatory Framework 6 6. Delegation
More informationWater and Wastewater Budget development Summary of proposed 2015 Water and Wastewater rates About demand forecasting
Water and Wastewater Budget development Annual operating budget development for water and wastewater is based on net zero funding principles, as defined by the Municipal Act, 2001, where revenues and expenses,
More informationCLIMATE FINANCE OPPORTUNITIES FOR ENHANCED LOCAL ACTION
CLIMATE FINANCE OPPORTUNITIES FOR ENHANCED LOCAL ACTION V-LED AFRICA WORKSHOP: LOCALISING CLIMATE FINANCE AND ACTION 23-25 APRIL 2018, IRENE, SOUTH AFRICA 1 CC expenditure will absorb ~ 70% of domestic
More informationKC Water Cost of Service Task Force Meeting #6
O C T O B E R 2 5, 2 0 1 6 KC Water Cost of Service Task Force Meeting #6 Agenda Review of Agreed Upon Guiding Principles Discussion Topics for now and future meetings Case Studies Expense Reduction Premised
More informationMedium-Term Budget 2018/ /21 CITY OF JOHANNESBURG MEDIUM-TERM BUDGET 2018/19 TO 2020/21
CITY OF JOHANNESBURG MEDIUM-TERM BUDGET 2018/19 TO 2020/21 1 Table of Contents Page No PART1- ANNUAL BUDGET 1.1. EXECUTIVE SUMMARY 9 1.2. OPERATING BUDGET FRAMEWORK 9 1.3. CAPITAL EXPENDITURE 16 1.4. ANNUAL
More informationSURPLUS ENERGY PROGRAM TERMS AND CONDITIONS
SUR ENERGY PROGRAM TERMS AND CONDITIONS SUR ENERGY PROGRAM INDUSTRIAL LOAD - OPTION 1 TABLE OF CONTENTS Program Duration...1 Eligibility...1 Reference Demand...1 Billing...2 Interruptions...4 Metering
More informationSolar PV where the sun doesn t shine: Estimating the economic impacts of support schemes for residential PV with detailed net demand profiling
Sources: www.engineersjournal.ie; www.investopedia.com; www.theguardian.com Solar PV where the sun doesn t shine: Estimating the economic impacts of support schemes for residential PV with detailed net
More informationBERGRIVIER MUNICIPALITY REPORT BY THE STRATEGIC MANAGER
BERGRIVIER MUNICIPALITY REPORT BY THE STRATEGIC MANAGER TO: MAYORAL COMMITTEE COUNCIL 2018/19 QUARTERLY BUDGET AND PERFORMANCE REPORT FOR QUARTER 1: 1 JULY 30 SEPTEMBER 2018 SUBMITTED IN TERMS OF SECTION
More informationTHE TRADE-OFFS BETWEEN PRO-POOR AND COST- REFLECTIVE TARIFFS IN SOUTH AFRICA: A REGULATORY PERSPECTIVE
THE TRADE-OFFS BETWEEN PRO-POOR AND COST- REFLECTIVE TARIFFS IN SOUTH AFRICA: A REGULATORY PERSPECTIVE Michael Maphosa Michael.maphosa@nersa.org.za +27 401 4699 National Energy Regulator of South Africa
More informationNONGOMA MUNICIPALITY
ANNUAL BUDGET OF NONGOMA MUNICIPALITY 2018/19 TO 2020/21 MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS Final budget and Medium Term Revenue Expenditure Framework for 2018/19 year Page 1 of 66 Table of
More informationNW371 Moretele - Table A1 Budget Summary
NW371 Moretele - Table A1 Summary Description 2012/13 2013/14 2014/15 Medium Term Revenue & Expenditure R thousands Pre-audit outcome Year Year +1 2017/18 Year +2 2018/19 Financial Performance Property
More informationTitle of presentation
Tariffs versus Return on Investment Title of presentation Cornelis van der Waal Industry Manager Africa Energy and Power Systems Power Indaba 2008, Cape Town, South Africa TOC Current State of the Electricity
More informationSALGA Position on Eskom Revenue Proposal 2018/19 Cllr M. Mfikoe Nhlanhla L Ngidi Lonwabo Magida 16 November 2017
SALGA Position on Eskom Revenue Proposal 2018/19 Cllr M. Mfikoe Nhlanhla L Ngidi Lonwabo Magida 16 November 2017 www.salga.org.za Content Introduction Cllr Matshidiso Mfikoe SALGA Summary of Observations
More informationuthungulu District Municipality 2016/17 TO 2018/19 DRAFT MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS
ANNUAL BUDGET OF uthungulu District Municipality 2016/17 TO 2018/19 DRAFT MEDIUM TERM REVENUE AND EXPENDITURE FORECASTS MARCH 2016 Copies of this document can be viewed: In the foyers of all municipal
More informationNWC Tariff Submission for the Period January 2019 to December Submission to the Office of Utilities Regulation (OUR)
NWC Tariff Submission for the Period January 2019 to December 2021 Submission to the Office of Utilities Regulation (OUR) October 2018 Table of Contents 1 Executive Summary 1 1.1 Build-Up of the Revenue
More informationMEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2016/ /19
MANGAUNG METROPOLITAN MUNICIPALITY MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK 2016/17-2018/19 MANGAUNG METROPOLITAN MUNICIPALITY TABLE OF CONTENTS PART 1 - ANNUAL BUDGET 1. Executive Summary 4 2. Summary
More informationPacific Gas and Electric Company. Statement of Estimated Cash Flows April 20, 2001
Pacific Gas and Electric Company Statement of Estimated Cash Flows April 20, 2001 This document provides the latest forecast of cash flows for Pacific Gas and Electric Company (the Company ). The purpose
More informationM A N I T O B A ) Order No. 169/07 ) THE PUBLIC UTILITIES BOARD ACT ) December 28, 2007 THE CITY OF BRANDON REVISED WATER AND SEWER RATES
www.pub.gov.mb.ca M A N I T O B A ) ) THE PUBLIC UTILITIES BOARD ACT ) December 28, 2007 BEFORE: Graham F. J. Lane, CA, Chairman Monica Girouard, CGA, Member Susan Proven, P.H.Ec., Member THE CITY OF BRANDON
More informationRAND WEST CITY LOCAL MUNICIPALITY
ANNEXURE 3 RAND WEST CITY LOCAL MUNICIPALITY BAD DEBT WRITE OFF POLICY 2017-2018 Policy: BAD DEBT WRITE OFF POLICY Effective Date: 1 st July 2017 Approved: SP.10/30/05/2017 Review Date: 30/05/2017 Notwithstanding
More informationThe Impact of Electricity Price Increases on Municipalities
The Impact of Electricity Price Increases on Municipalities By: Sasha Peters 10.1 Contextual Background Municipalities are constitutionally mandated to deliver basic services, including electricity (RSA,
More informationNATIONAL ENERGY REGULATOR. Eskom MYPD2 Regulatory Clearing Account (RCA) and RCA Balance THE DECISION
Eskom Holdings Limited: Regulatory Clearing Account Application - Multi Year Price Determination 2010/11 to 2012/13 (MYPD2). NATIONAL ENERGY REGULATOR In the matter regarding Eskom MYPD2 Regulatory Clearing
More informationIB Economics The Level of Overall Economic Activity 2.1: Economic Activity
IB Economics: www.ibdeconomics.com 2.1 ECONOMIC ACTIVITY: STUDENT LEARNING ACTIVITY Answer the questions that follow. 1. DEFINITIONS Define the following terms: Income Factors of production Land entrepreneurship).
More informationCOSATU CONGRESS OF SOUTH AFRICAN TRADE UNIONS COSATU COMMENT ON ESKOM S MYPD3 FOR THE YEAR 2, 3, 4
COSATU CONGRESS OF SOUTH AFRICAN TRADE UNIONS Head Office 110 Jorissen Street Braamfontein 2017 JOHANNESBURG P O Box 1019 JOHANNESBURG 2000 Tel: + 27 11 339 4911 Fax: + 27 11 339 5080 Internet: http://www.cosatu.org.
More informationCITIZENS GUIDE TO THE STATE OF CITY FINANCES 2015
CITIZENS GUIDE TO THE STATE OF CITY FINANCES 2015 Acknowledgements Project Manager: Geoffrey Bickford (SACN) Editor: Write to the Point Design and Layout: Ink Design Publishing Solutions Publisher: South
More informationMonthly Budget Statement January 2015
SWELLENDAM MUNICIPALITY PAGE 1 SWELLENDAM MUNICIPALITY In-Year Report Prepared in terms of the Local Government: Municipal Finance Management Act (56/2003): Municipal and Reporting Regulations, Government
More informationThe Impact of Electricity Tariff Reforms and Alternative Mitigating Measures
The Impact of Electricity Tariff Reforms and Alternative Mitigating Measures David Coady PSIA Group Fiscal Affairs Department International Monetary Fund Based on background paper for an IMF Selected Issues
More informationINCENTIVES & TARGETS KEY FEATURES OF SUCCESSFUL OPERATING CONTRACTS
INCENTIVES & TARGETS KEY FEATURES OF SUCCESSFUL OPERATING CONTRACTS PLANNING TRANSITION TO COST RECOVERY Rs. per m3 45 40 35 30 25 20 15 10 5 0 2006 2007 2008 2009 2010 2011 Year 2012 2013 2014 2015 Total
More informationINTERIM MANAGEMENT DISCUSSION AND ANALYSIS For the Three Months Ended March 31, 2017
First Quarter 2017 INTERIM MANAGEMENT DISCUSSION AND ANALYSIS For the Three Months Ended March 31, 2017 Dated May 2, 2017 The following interim Management Discussion and Analysis ( MD&A ) should be read
More informationDraft Eskom 2018/19 Revenue Application
Draft Eskom 2018/19 Revenue Application Nersa Public Hearings Durban 2 November 2017 Where we are coming from This revenue application is being made for the year 2018/19, after the Energy Regulator maintained
More informationESKOM S CONNECTION CHARGES METHODOLOGY
ESKOM S CONNECTION CHARGES METHODOLOGY 13 November 2007 This document may be updated from time to time. Please refer to www.eskom.co.za/tariffs for the latest version. Eskom s Connection Charges Methodology
More informationEskom RCA: Revenue Application NERSA Public Hearing. City Power Presentation Frank Hinda 11 May 2018
Eskom RCA: Revenue Application NERSA Public Hearing City Power Presentation Frank Hinda 11 May 2018 Table of contents 1 Background to City Power Operations 2 Sales Forecasting & Rebasing of Sales Volumes
More informationSTEVE TSHWETE LOCAL MUNICIPALITY MP
BUDGET POLICY AMENDED 1 JULY 2016 STEVE TSHWETE LOCAL MUNICIPALITY MP 313 Approved May 2016 C36/05/2016 TABLE OF CONTENTS 1. Definitions 2. Introduction 3. Objective 4. Budgeting principles 5. Budget preparation
More informationORDINANCE NO AN ORDINANCE To Be Entitled:
AN ORDINANCE To Be Entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FORT MYERS, FLORIDA, AMENDING THE CITY CODE, CHAPTER 90, UTILITIES, ARTICLE II WATER, SECTION 90-35 RATES AND CHARGES ESTABLISHED;
More informationFinal Report December 2015
Final Report December 2015 B Table of Contents Glossary... H Acronyms... M Units of Measurement... N Executive Summary... O PHASE 1 1. Purpose... 1 1.1 Scope and objectives of this report... 1 1.2 Background...
More informationGEORGE MUNICIPALITY TARIFF BY-LAW
GEORGE MUNICIPALITY TARIFF BY-LAW 1. DEFINITIONS In this tariff by-law, unless the context otherwise indicates - 1) agricultural consumers means consumers engaged in agriculture as defined in the scheme
More informationSANCO FREE STATE PROVINCE
Cnr Charles & Fichardt Streets P.O. Box 4447 Kaizer Sebothelo Building Bloemfontein 9300 Date: 21 January 2013 SANCO FREE STATE PROVINCE PRESENTATION ON ESKOM PROPOSED TARIFFS INCREASE VENUE: MANGAUNG
More informationMEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK FOR THE FINANCIAL YEAR
Bela-Bela Local Municipality 2017/2018 Draft MTREF MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK FOR THE FINANCIAL YEAR 2017/2018 1 Bela-Bela Local Municipality 2017/2018 Annual Budget and MTREF Acronyms
More informationDESIGN OF ESKOM DISTRIBUTION SERVICE INCENTIVE SCHEME FOR MYPD2 (2010/ /13) (IDMS no: 47217v1)
DESIGN OF ESKOM DISTRIBUTION SERVICE INCENTIVE SCHEME FOR MYPD2 (2010/11-2012/13) (IDMS no: 47217v1) TABLE OF CONTENTS Abbreviations... 1 1. Introduction... 2 2. First MYPD Incentive Scheme Review... 2
More informationEnergex. Statement of expected price trends. 1 July 2016 to 30 June /15 Statement of expected price trends
Energex Statement of expected price trends 1 July 2016 to 30 June 2017-1- 2014/15 Statement of expected price trends Version control Version Date Description 1.0 3 June 2016 Published on Energex s website
More informationRevised Cal. P.U.C. Sheet No E Cancelling Revised Cal. P.U.C. Sheet No E
Revised Cal. P.U.C. Sheet No. 41685-E Cancelling Revised Cal. P.U.C. Sheet No. 40901-E ELECTRIC SCHEDULE ETL Sheet 1 APPLICABILITY: TERRITORY: RATES: This schedule is applicable to residential single-phase
More informationReport to the Minister
For the Year Ending December 31, 2017 April 19, 2018 Taking action to promote effective competition and a culture of compliance and accountability in Albertaʹs electricity and retail natural gas markets
More information