Power tariff set to rise to 128c/kWh in 2021 after Eskom wins Nersa battle over R69bn equity injection
By: Terence Creamer In a scathing judgment made on July 28, the court declared as illegal the National Energy Regulator of South Africa’s (Nersa’s) decision to deduct a R69-billion equity injection into Eskom from its allowable revenue for the period 2019/20 to 2021/22 and has instructed that the full amount be added back to the…