{"id":380665,"date":"2020-03-10T17:44:13","date_gmt":"2020-03-10T15:44:13","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=380665"},"modified":"2020-03-10T17:44:13","modified_gmt":"2020-03-10T15:44:13","slug":"eskom-can-now-re-apply-to-hike-electricity-tariffs","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/380665\/eskom-can-now-re-apply-to-hike-electricity-tariffs\/","title":{"rendered":"Eskom can now re-apply to hike electricity tariffs"},"content":{"rendered":"<p>Eskom won a High Court ruling against the nation\u2019s energy regulator, which had blocked the company from recovering some costs it says it incurred during the 2019 financial year.<\/p>\n<p>Eskom had asked the National Energy Regulator of South Africa (Nersa) for an 18.9% tariff increase to allow it to generate R219.5 billion ($13.8 billion) of revenue.<\/p>\n<p>Yet Nersa only allowed for R190.3 billion rand of income, saying the power company should make up the difference by cutting costs.<\/p>\n<p>The High Court in Pretoria said that Nersa had made errors in its determination, according to a copy of the ruling.<\/p>\n<p>Eskom has 60 days to apply to the regulator to increase the tariffs it can charge customers and the regulator must pay Eskom\u2019s costs, the ruling said.<\/p>\n<p>Eskom, which has R454 billion rand in debt, is struggling to cover its costs and pay for adequate maintenance to avoid regular power cuts.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/380553\/eskom-implements-stage-4-load-shedding\/\" rel=\"bookmark\">Eskom implements stage 4 load shedding<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eskom won a High Court ruling against the nation\u2019s energy regulator, which had blocked the company from recovering some costs it says it incurred during the 2019 financial year.<\/p>\n","protected":false},"author":59,"featured_media":329439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[1164,26],"class_list":["post-380665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eskom","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/380665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=380665"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/380665\/revisions"}],"predecessor-version":[{"id":380667,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/380665\/revisions\/380667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/329439"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=380665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=380665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=380665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}