Friday, June 22, 2018

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside: State-owned electricity utility Eskom will, in the coming days, approach the courts to have the National Energy Regulator of South Africa’s (Nersa’s) tariff determination for 2018/19 set aside, chairperson Jabu Mabuza confirmed on Thursday. The action would represent Eskom’s first-ever legal challenge of the regulator’s decision. It follows Nersa’s decision to grant Eskom a 5.23% increase from April 1, which Mabuza said was “not cost reflective”. The utility applied for an increase of 19.9% as part of a one-year revenue application.

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