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Consumers to pay for Nersa’s R100 billion mistake

A R100 billion calculation mistake by the National Energy Regulator of SA (Nersa) will most likely see consumers dig deeper into their pockets to pay for increased electricity tariffs.

Nersa confirmed that it failed to comply with the procedural requirements when making four of its decisions regarding Eskom’s electricity tariffs. A third application has already been decided in favour of Eskom. Eskom may now have to be compensated for Nersa’s mistakes – money that would come from consumers’ pockets.

Read the full article by City Press.

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