electricity price hikesConsumers face hefty electricity pric

electricity price hikesConsumers face hefty electricity price hikes


South African consumers must brace for further double-digit electricity price hikes after a consent order handed down in the North Gauteng High Court has allowed debt-strapped Eskom to recover a further R10 billion from customers in 2021/22.
The National Energy Regulator of South Africa (NERSA) said consumers could expect price increases of more than 15% after the court ordered that an amount of R10 billion be added to Eskom’s allowable revenue to be recovered from tariff customers in the 2021/22 financial year. 
The consent order follows Eskom’s application in terms of section 18(3) of the Superior Courts Act, 2013, that Eskom should be allowed to recover R23 billion in the financial year 2021/22 according to an earlier 28 July 2020 court ruling.

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South Africa , Gauteng , South African , , Supreme Court , Gauteng High Court , National Energy Regulator Of South Africa , Eskom , High Court , North Gauteng High Court , National Energy Regulator , Superior Courts Act , Multi Year Price Determination , Regulatory Clearing Account , கௌஊட்டெங் , உச்ச நீதிமன்றம் , கௌஊட்டெங் உயர் நீதிமன்றம் , உயர் நீதிமன்றம் , வடக்கு கௌஊட்டெங் உயர் நீதிமன்றம் , தேசிய ஆற்றல் சீராக்கி , உயர்ந்தது நீதிமன்றங்கள் நாடகம் , பல ஆண்டு ப்ரைஸ் உறுதியை , ஒழுங்குமுறை அழித்தல் எண்ணுதல் ,

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