Consumers to pay for Nersa’s R100 billion mistake

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Errors by Nersa opens the door for Eskom to hike tariffs by 15% after energy regulator failed to comply with procedural requirement. Picture: Bloomberg
Errors by Nersa opens the door for Eskom to hike tariffs by 15% after energy regulator failed to comply with procedural requirement. Picture: Bloomberg

NEWS

A R100 billion calculation mistake by the National Energy Regulator of SA (Nersa) will most likely see consumers dig deeper into their pockets to pay for increased electricity tariffs.

City Press’ sister publication, Rapport, can today reveal that Nersa has withdrawn its opposition and conceded to making mistakes in calculations of tariffs to two court applications brought by power utility Eskom.

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