Court ruling means higher than expected electricity price increases are in store

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Electricity tariffs may be increased by 10% next year instead of the 5.22% approved by the National Energy Regulator of SA (Nersa) after a court ruling against the regulator.

“Nersa notes, with serious concern, that the judgment has gone beyond Nersa's acknowledgment of procedural unfairness, and the unsuccessful consultations between Nersa and Eskom, by pronouncing on the MYPD4 tariff application.

“This case was not merely a case between Eskom and Nersa, but rather a case of Eskom versus the SA economy and electricity consumers.” As a result, the average standard Eskom tariffs approved by Nersa for the 2021/2022 financial year will be increased from 116.72 c/kwh to 128.24 c/kwh, said the court.

 

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Court ruling means higher than expected electricity price increases are in storeElectricity tariffs may be increased sharply in the next three years after a court ruling against the national energy regulator.
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