Eskom: Public must pay R190bn to fix our mess. Judge: Think again

News

Eskom: Public must pay R190bn to fix our mess. Judge: Think again

Utility has embarked on a series of court bids to raise power prices, but has just suffered its first setback

Jeff Wicks and Chris Yelland

Bedevilled power producer Eskom – which is trying to bleed as much as R190bn from consumers through a series of tariff hikes – has been dealt a hammer blow by the Pretoria High Court.

On Monday, judge Jody Kollapen dismissed an urgent application by the utility, which if successful would have seen electricity prices raised by 16.6% and 16.7% over the next two years.

This after Eskom had turned to the courts to have a 2019 decision by the National Energy Regulator (Nersa), which approved increases of 8.10% for 2020 and 5.22% for 2021, set aside...

This article is reserved for registered Times Select readers.
Simply register at no cost to proceed. If you've already registered, sign in below.

Times Select

Already registered on TimesLIVE, BusinessLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.