Eskom Price Hike Rejected

NERSA refuses to grant Eskom another tariff increase

The National Energy Regulator (NERSA) has refused to grant Eskom another tariff increase.

NERSA held public hearings on Eskom’s ‘selective reopener application for the third Multi-Year Price Determination’ last month.

NERSA chairperson, Jacob Modise, argued that Eskom’s application does not comply with certain municipal acts, adding that high prices of electricity would result in job losses and that this was Eskom's third Multi-Year Price Determination application to NERSA.

To read the article titled, “NERSA rejects Eskom price hike,” click here

Source: 
Times Live

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