The regulator and Eskom have brought a number of disputes to court over what the company can charge for electricity
In rejecting the utility’s plan that runs through the 2024/2025 financial year, Nersa said it started a consultation process in the development of a new methodology “that will ensure sustainable electricity prices”. A spokesperson for the regulator did not immediately reply to a message seeking comment.
The latest court action “is the only available option to avoid extremely serious and negative consequences for Eskom and by necessary consequence to the National Treasury,” the utility said.
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