The North Gauteng High Court has decided that Eskom does not need its urgent application for tariff hikes heard immediately.
Last year, the utility stated that it would have to raise tariffs by 8% in the current financial year and by 5.2% in the next financial year.
Explaining the ruling and discussing the implications, energy expert Lungile Mashele says the matter is urgent, especially for the utility's sustainability.
There is the revenue element to it where Eskom is basically applying for tariff increases. It is important to clarify here that the judge has not ruled on the tariff increase, purely on the urgency of the matter.— Lungile Mashele, Energy expert
I tend not to not agree because Eskom needs to, on the 15th of March, submit their tariff applications for the following year which will then start on the 1st of April 2020. It is an urgent matter for their sustainability as a company as well.— Lungile Mashele, Energy expert
Click on the link below to hear the full conversation...