Court sets aside three years of Eskom RCA balances
Court rules energy regulator Nersa's decision to disallow some coal costs was not rational
29 June 2020 - 21:23
SA's high court on Monday sided with Eskom in a dispute over the amounts energy regulator Nersa allowed the state utility to claw back from customers for electricity supplied in the 2014/15, 2015/16 and 2016/17 financial years.
Nersa's 2018 decisions to allow Eskom to recoup R32.69bn via a mechanism known as the regulatory clearing account (RCA) for those three years have been set aside, and it must now come up with new decisions...
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