An NPO and four individual businesses succeeded with the latest application against Nersa, City Power and City of Joburg. Photo for illustration: Moneyweb
Nersa not only failed to determine the overall cost of supply, but also the cost of supply to each consumer category – such as households, business or industry – and was therefore not in a position to assure, as is required, that any cross-subsidies between consumer groups are transparent and reasonable.
The applicants have been paying their electricity bills only at the level of the equivalent tariffs Eskom’s direct customers are paying.Similarly, if City Power owes the applicants money, it must credit their accounts “forthwith”. Municipalities were only required to justify their tariff increases if they applied for more than that which the guideline provided for.
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Moneyweb - 🏆 5. / 77 Read more »