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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now