South African (SA) organisation AfriForum has welcomed the decision of the High Court in Pretoria, Gauteng Province, where it rejected Eskom and National Energy Regulator of SA’s (Nersa) attempt to settle the power supplier’s tariff dispute behind closed doors.
This comes after a proposed $3.23 billion settlements between the two entities sought to correct an error in Eskom’s allowable revenue determination without the proposed investigations, proper public participation, or referral back to Nersa.
AfriForum intervened in the matter as a party that has direct and substantial interest in the proceedings.
The court reviewed and set aside Nersa’s original revenue decision and refused to make the settlement agreement an order of court.
The settlement would have allowed Eskom to recover approximately $3.23 billion from electricity consumers through substantial tariff increases, without proper investigation or meaningful public participation.
–SABC–
