Consumers to feel pinch as Eskom wins tariff battle
The High Court has ruled in favour of Eskom in its legal battle with the National Energy Regulator (Nersa). It found that Nersa acted illegally when deducting a R69bn equity injection into the state utility. Eskom can now recover the funds over a three year period and this will result in tariff increases for consumers. Business Day TV caught up with Nersa spokesperson Charles Hlebela for more on the ruling and its consequences.