{"id":205503,"date":"2021-10-19T09:27:13","date_gmt":"2021-10-19T07:27:13","guid":{"rendered":"https:\/\/www.myza.co.za\/nersa-eskom-head-to-court-over-pricing\/"},"modified":"2021-10-19T09:27:13","modified_gmt":"2021-10-19T07:27:13","slug":"nersa-eskom-head-to-court-over-pricing","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/nersa-eskom-head-to-court-over-pricing\/","title":{"rendered":"NERSA, Eskom head to court over pricing"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/www.sanews.gov.za\/sites\/default\/files\/2012\/images\/newsstorytemplate\/202110\/gavel2.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>The National Energy Regulator of South Africa (NERSA) says it is studying a court application by Eskom, which seeks to compel the energy regulator to reconsider Eskom\u2019s tariff increase application.<\/p>\n<p>This as NERSA rejected Eskom\u2019s multi-year electricity tariff increase application at the end of September.<\/p>\n<p>On Monday, the power utility said it had filed an application in the High Court to review NERSA\u2019s decision to reject the tariff increase, citing the move as its only option.<\/p>\n<p>\u201cRegrettably, this is the only available option to avoid extremely serious and negative consequences for Eskom and by necessary consequence, to National Treasury. The urgent High Court review requires NERSA to urgently process the Eskom revenue application for at least one year, as required by law.<\/p>\n<p>\u201cThe proposed timeframe allows for a decision to be made in time for implementation by 1 April 2022,\u201d Eskom said.<\/p>\n<p>At the end of September, NERSA announced that it had rejected Eskom\u2019s price application and had published a consultation paper on principles to be used when determining pricing.<\/p>\n<p>\u201cThe new price determination approach will also take into consideration the rapid transformation of South Africa&#8217;s electricity sector, respond to the transformation of the Electricity Industry and associated energy security concerns, rising electricity prices as well as the increase in self and private sector electricity generation,\u201d NERSA said at the time<\/p>\n<p>Now Eskom says Nersa\u2019s approach to price determination is \u201cimpossible\u201d to apply.<\/p>\n<p>\u201cNERSA\u2026 requires Eskom to make a new application based on a methodology yet to be developed. This is impossible both from a legal process and timing point of view. It is hoped that NERSA will respond in a manner that allows for the stability of the country\u2019s economy and the electricity industry,\u201d the power utility said. \u2013&nbsp;<strong>SAnews.gov.za<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Energy Regulator of South Africa (NERSA) says it is studying a court application by Eskom, which seeks to compel the energy regulator to reconsider Eskom\u2019s tariff increase application. This as NERSA rejected Eskom\u2019s multi-year electricity tariff increase application at the end of September. On Monday, the power utility said it had filed an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":205504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38678],"class_list":{"0":"post-205503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-south-africa","8":"tag-sanews","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2021\/10\/nersa-eskom-head-to-court-over-pricing.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/205503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=205503"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/205503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/205504"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=205503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=205503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=205503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}