CAPE TOWN - The National Energy Regulator of South Africa's electricity sub-committee will hold a meeting on Friday, 19 January, with 5.23% electricity tariff increment issue excluded in the agenda items.
Eskom said it will challenge Nersa's decision, only after energy regulator has furnished reasons determining the 5.23% electricity tariff increase.
Nersa caught the power utility by shock in December 2017 when it rejected Eskom's proposed 19.9% electricity tariff increment for 2018/19.
Eskom then decided to postpone its interim financial results to early 2018, claiming that it needs to assess the impact that could be brought by lower than expected tariff increment suggested by the energy regulator.
Eskom is keeping a sharp eye on Nersa and aims to challenge its decisions; a court seems the power utility's resort in this matter.
Meanwhile, Matjila Koko and suspended Eskom CFO Anoj Singh are scheduled to testify at the inquiry into corruption at Eskom, next week Wednesday.
In November 2017, the Eskom spokesperson Khulu Phasiwe told News24 that investors informed Eskom that the parliamentary inquiry was vital in revealing issues that need to be dealt with.
“Once in the open, a way forward can be paved for addressing the issues and potential future investment,” Phasiwe added.
BUSINESS REPORT ONLINE