South Africans will have to wait to hear whether Eskom will get a 32% tariff increase.
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.
The high court has now extended the deadline for a decision to 12 January 2023, Nersa said on Wednesday.
In the same tariff application, the cash-strapped power utility is seeking a further 9.74% increase for 2024/25.
Nersa was meant to make a determination last week but its Electricity Subcommittee requested more time after a meeting to consider 14 areas of concern which were raised by regulatory members.
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