Eskom set for a showdown with Nersa
JOHANNESBURG – Eskom
is set for a showdown with the National Energy Regulator of South Africa after the struggling utility said that it planned to take the regulator to court over its tariff determination.
is set for a showdown with the National Energy Regulator of South Africa after the struggling utility said that it planned to take the regulator to court over its tariff determination.
Eskom said it wanted to recoup billions it lost after Nersa shot down its revenue revenue application seven months ago.
Eskom said Nersa’s decision, which allowed tariff increases of 9.41 percent, 8.1 percent and 5.22 percent for the next three years to 2022, had left it with a shortfall of approximately R102 billion compared to what was applied for.
Source: iol.co.za
