Africa-Press – South-Africa. An energy expert has slammed the National Energy Regulator of South Africa (NERSA) as incompetent for miscalculating an Eskom revenue shortfall, which could see consumers paying even more for electricity.
NERSA this week conceded to an out-of-court settlement of R54 billion with Eskom after the power utility launched a judicial review challenging the energy regulator’s original revenue decision.
Earlier in 2025, NERSA approved Eskom’s tariff increases over the next three financial years.
The power utility reported a revenue shortfall of R107 billion.
Eskom then lodged a judicial review of NERSA’s decision, prompting the multi-billion-rand settlement after NERSA admitted errors in its calculations.
Energy expert Chris Yelland said NERSA’s mistake was absolutely astounding.
“It speaks to a lack of professionalism, a lack of competence, I believe, within NERSA because the methodology is well known to NERSA.”
Yelland said the problem was not with NERSA’s methodology, but with Eskom’s inefficiency.
“So, the point is, Eskom has to balance its books, and if it doesn’t get the money from the tariffs, it gets it from government via us, via our taxes.”
Yelland said either way, consumers will end up having to pay for Eskom’s inefficiencies.
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