SA's hard-pressed consumers and companies who are battling the devastating impact of Covid-19 and lockdowns will be hit by an increase in their electricity bills of at least 10% after a court judgment handed down in favour of Eskom in its dispute with the regulator of tariffs.

In the judgment, judge Fayeeza Kathree-Setiloane ruled on Tuesday that the National Energy Regulator of SA (Nersa) “got it horribly wrong” and acted unlawfully when including a R69bn equity injection from the government in its calculation of Eskom's allowable revenue for 2019 to 2022...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now