Proposed licence fees payable by generators of electricity

06 Dec 2023

Proposed licence fees payable by generators of electricity have been published for comment.

The mineral resources and energy department published the proposed fees payable to the National Energy Regulator (NERSA) in Government Gazette 49791.

NERSA drew up the proposed fees for the 2024/25 financial year in terms of Section 5b(3)(a)(i) of the Electricity Act 41 of 1987 and Section 2(3)(a) of both the Gas Regulator Levies Act, 2002 and the Petroleum Pipelines Levies Act.

NERSA also published proposed levies for the piped-gas and petroleum pipeline industries.

NERSA points out that the licence fees payable in the 2024/25 budget by generators of electricity will be reduced by a refund of surplus funds to the value of R46,500,770 and interest and other income of R6,538,719.

The piped-gas and petroleum pipelines industry levies will be reduced by a refund of surplus funds of R14,953,482 and R25,715,013 respectively and an equal share of R4,684,244 for interest and other income.

According to the notice, the total amount that NERSA needs to recover through licence fees and levy income is R386,862,232 for 2024/25.

The proposed licence fee payable by licensed generators of electricity is 0.11524c/kWh; the proposed levy for the piped-gas industry is 48.308 c/Gj and the proposed levy for the petroleum pipeline industry is 0.43596 c/litre.

Comment is invited within 30 days of the date of publication.

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(This article is provided for informational purposes only and not for the purpose of providing legal advice. For more information on the topic, please contact the author/s or the relevant provider.)
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