Eskom wins court battle against Nersa

File: Sakeliga says parastatals like Eskom are limiting the pool from which they could draw expertise.

File: The High Court has found that Nersa acted illegally when deducting a R69-billion equity injection into Eskom.

eNCA

JOHANNESBURG - A court has ruled in favour of Eskom's legal battle with the National Energy Regulator.

It means the utility will implement significant electricity tariff increases next year. 

The High Court found Nersa acted illegally when deducting a R69-billion equity injection into Eskom.

READ: Nersa fights back in battle with Eskom over tariffs

Eskom is now allowed to recover the funds over a three year period.

This could mean an increase of at least 10-percent.

The utility welcomed the ruling and says it will assist in becoming financially stable.

But Nersa has expressed concerns saying the judgment, if unchallenged, will suppress economic activity.

Source
eNCA