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Regulator granted extension to rule on Eskom’s 32% tariff hike request

Compiled by Lisa Steyn

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South Africans will have to wait to hear whether Eskom will get a 32% tariff increase.

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  • For more financial news, go to the News24 Business front page.


The North Gauteng High Court in Pretoria has granted the National Energy Regulator of South Africa (Nersa) an extension to make its final decision on Eskom’s revenue application for the 2023/24 financial year.

The extension comes after the court previously ordered the regulator to rule on the revenue application on or before 24 December.

Eskom’s application, if approved, would translate into a 32% hike in the standard tariff come April 2023.

 

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