Consumers to feel pinch as Eskom wins tariff battle
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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.