South Africans to pay the price for Nersa’s “mistakes”
28 June 2020
The Democratic Alliance (DA) calls on the Auditor General of South Africa to audit the National Energy Regulator of South Africa’s (Nersa) pricing and regulatory account determinations on an annual basis.
Nersa has reportedly withdrawn oppositions in two court cases against Eskom and conceded to having made mistakes in calculating tariffs for the parastatal, costing Eskom billions in revenue. In a third court case, fault against Nersa has already been determined, and the fourth case before court will likely follow suit.
Nersa’s “mistakes” will cost the South African public dearly.
The entity has become overly complicated and bureaucratic in its processes, leading to errors such as this. And once again consumers will have to bear the brunt of the burden.