Eskom tariffs to increase in 2015

The energy regulator has given Eskom the go ahead to adjust rates above the 8% already granted.

Smoke rising from the Medupi power plant. Picture: Supplied.

JOHANNESBURG -The National Energy Regulator of South Africa (Nersa) says it will draft an implementation plan that will determine exactly how Eskom will recover almost R8 billion in losses from consumers.

On Wednesday, the energy regulator granted the power utility permission to adjust rates next year above the eight percent increase already granted.

Nersa's Thembani Bukula says the actual percentage tariff hike will be determined soon.

"We have not determined that. That is what we will determine and hopefully have a decision on it at our next meeting in August."