SA's hard-pressed consumers and companies who are battling the devastating impact of Covid-19 and lockdowns will be hit by an increase in their electricity bills of at least 10% after a court judgment handed down in favour of Eskom in its dispute with the regulator of tariffs.
In the judgment, judge Fayeeza Kathree-Setiloane ruled on Tuesday that the National Energy Regulator of SA “got it horribly wrong” and acted unlawfully when including a R69bn equity injection from the government in its calculation of Eskom's allowable revenue for 2019 to 2022.
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