Eskom wants R27bn clawback from consumers

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According to the published timelines, stakeholders have until January 20 to submit written responses to the applications. Nersa will also hold public hearings on the matter in all nine provinces during February and plans to announce its decision on March 24 next year. If Nersa awards Eskom the full R27.2 billion and splits it over two years, in 2021/22 and 2022/23, it will push the expected increase in April 2021 from 5.01% to 11.38%.

If Eskom’s other applications succeed, the court might refer the matters back to Nersa for redetermination, which would once again delay any price certainty. The biggest impact at municipal level was in KwaZulu-Natal, where the closure of two furnaces by Richards Bay Alloys and downscaling by Karbochem cost Eskom 574 gigawatt hours in sales.

They can clawback from those who didn’t pay!!

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