Court order confirming R54bn Nersa-Eskom settlement delayed following AfriForum intervention

The court order confirming the controversial R54-billion settlement between Eskom and the National Energy Regulator of South Africa (Nersa) has been delayed after the High Court granted AfriForum’s request to intervene as a respondent in the matter. On August 27, Nersa announced that a settlement had been reached after agreeing that it had made calculation errors when adjudicating Eskom’s most recent allowable revenue application; one that gave rise to its approval of tariff increases of 12.74%, 5.36% and 6.19% for Eskom’s 2026, 2027 and 2028 financial years respectively.