New rules coming for electricity prices in South Africa
The Pretoria High Court has handed down a major ruling that changes how the National Energy Regulator of South Africa (NERSA) determines electricity tariffs for municipalities.
Auto Added by WPeMatico
The Pretoria High Court has handed down a major ruling that changes how the National Energy Regulator of South Africa (NERSA) determines electricity tariffs for municipalities.
Professor Sampson Mamphweli of the South African National Energy Development Institute says blocking the R54-billion settlement between the national energy regulator and Eskom “will come back to haunt us” in coming years.
South Africa’s energy regulator is launching a market inquiry to investigate fixed electricity charges from Eskom and municipal power providers in South Africa.
Over the last twenty years, Eskom has paid around R1.84 trillion more than it should have to produce electricity due to mismanagement, corruption, a bloated workforce, and large salary increases.
South African Federation of Trade Unions (SAFTU) general-secretary, Zwelinzima Vavi, says electricity is becoming a luxury in South Africa.