The National Energy Regulator of South Africa granted Eskom approval to recover the billions of rand from tariffs charged to standard customers, special pricing arrangement customers and international customers.Cash-strapped Eskom applied in August 2019 to Nersa to claw back R27.3bn from electricity customers through power tariffs, saying it needed to cover costs incurred for the financial year 2018/19.
Nersa said that in reaching its decision, it held public hearings in eight provinces in February this year, where interested parties were able to make submissions. Nersa said that the full extent of these failures and amounts associated with them had not been fully quantified. He said he found Nersa’s decision to be “ridiculous” and it showed that it endorsed over-expenditure by Eskom.
Blom said that even more disturbing was Nersa’s acknowledgement of Eskom’s severe corruption, “blandly referred to as governance failures”, yet has not held Eskom to account for this.
When NERSA asked for public comment in Feb 20, Covit 19, lockdown and job losses were not on the cards. There has since been huge upheaval in our lives. This increases should be reconsidered.
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