Nersa awards an extra R6bn to Eskom

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South Africa Headlines News

The energy regulator was compelled by a court order to review the initial decision

In a move expected to push up electricity prices, the energy regulator said on Thursday that it will allow Eskom to recover an extra R6bn from consumers after court-ordered reviews of previous decisions.

The National Energy Regulator of SA announced its decisions relating to Eskom’s multi-year price determination regulatory clearing account applications for the three financial years 2014/2015, 2015/2016 and 2016/2017, as well as Eskom’s supplementary revenue application for 2018/2019...

 

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South Africa is busy going down the drain faster than the titanic boat.. And we are all watching and typing. Some of us can not lead the marches in public bcs our own black people are always ready to counter their own people!!!?

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