THE National Energy Regulator of South Africa (Nersa) is studying a court application by Eskom, which seeks to compel the energy regulator to reconsider Eskom’s tariff increase application.
This as Nersa rejected Eskom’s multi-year electricity tariff increase application at the end of September.
On Monday, the power utility said it had filed an application in the High Court to review Nersa’s decision to reject the tariff increase, citing the move as its only option.
“Regrettably, this is the only available option to avoid extremely serious and negative consequences for Eskom and by necessary consequence, to National Treasury. The urgent High Court review requires Nersa to urgently process the Eskom revenue application for at least one year, as required by law.
“The proposed timeframe allows for a decision to be made in time for implementation by 1 April 2022,” Eskom said.
At the end of September, Nersa announced that it had
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