![Nersa to set up a clawback system](https://cdn.magzter.com/1605701739/1720467448/articles/KreN0jFEv1720481646264/NERSA-TO-SET-UP-A-CLAWBACK-SYSTEM.jpg)
Regulator is apparently now relying on a later audit to check everything.
Municipal electricity consumers may in the future be subjected to retroactive tariff increases when energy regulator Nersa audits the figures on which municipalities based their tariff applications this year. If it finds the tariffs were set too low, they will be increased; if set too high, they will be lowered retroactively.
This emerged from discussions during a 24 June Nersa meeting at which regulatory members considered 33 municipal tariff applications. This is reminiscent of Eskom's clawback mechanism, where large increases are implemented in addition to the normal tariff increases to compensate Eskom for under-recovery in previous years.
This so-called Regulatory Clearing Account (RCA) mechanism has been widely criticised for creating uncertainty about future tariffs.
Deon Conradie, a part-time lecturer in tariffs at Wits Business School, said it significantly increases the risk for consumers - but he is sceptical about the legality of such a practice until the methodology is properly formulated, made available for public comment, and formally adopted.
Diese Geschichte stammt aus der July 09, 2024-Ausgabe von The Citizen.
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Diese Geschichte stammt aus der July 09, 2024-Ausgabe von The Citizen.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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![Boks chase NZ double](https://reseuro.magzter.com/100x125/articles/23703/1824141/V35EKbrmQ1725672773789/BOKS-CHASE-NZ-DOUBLE.jpg)
Boks chase NZ double
South Africa will be attempting to wrestle back the Freedom Cup for the first time since 2009.
!['Pecco' aims to pick himself up again](https://reseuro.magzter.com/100x125/articles/23703/1824141/pjx-icjyJ1725672723901/PECCO-AIMS-TO-PICK-HIMSELF-UP-AGAIN.jpg)
'Pecco' aims to pick himself up again
Francesco Bagnaia (right) has put his horror crash in Aragon behind him as the MotoGP champion attempts to reclaim top spot from Jorge Martin at this weekend's San Marino and Rimini Riviera Grand Prix.
![Kruger boosts SA medal count](https://reseuro.magzter.com/100x125/articles/23703/1824141/20c0Qei_F1725672677742/KRUGER-BOOSTS-SA-MEDAL-COUNT.jpg)
Kruger boosts SA medal count
Junior athlete Simone Kruger gave the national team's medal count a boost by claiming gold in the women's F38 discus throw at the Paralympic Games in Paris last night.
![Pegula scripts a dream story](https://reseuro.magzter.com/100x125/articles/23703/1824141/_YHE9YxGF1725672599727/PEGULA-SCRIPTS-A-DREAM-STORY.jpg)
Pegula scripts a dream story
Jessica Pegula scripted an astonishing comeback \"just in the nick of time\" to defeat Karolina Muchova on Thursday at the US Open and reach her first Grand Slam final, where she will take on big-hitting Aryna Sabalenka for the title.
![Hunt is very aggravated with PSL's dilly-dallying](https://reseuro.magzter.com/100x125/articles/23703/1824141/Veiogz1nH1725672536870/HUNT-IS-VERY-AGGRAVATED-WITH-PSLS-DILLYDALLYING.jpg)
Hunt is very aggravated with PSL's dilly-dallying
SuperSport United head coach Gavin Hunt (below) has weighed in on the unconventional start to the new Premier Soccer League (PSL) season.
![US soccer icon hanging up her boots](https://reseuro.magzter.com/100x125/articles/23703/1824141/pzk-01VOT1725672493096/US-SOCCER-ICON-HANGING-UP-HER-BOOTS.jpg)
US soccer icon hanging up her boots
Los Angeles-US soccer icon Alex Morgan (right), who inspired the Americans to two Women's World Cup football crowns, announced Thursday that she will retire after a final club match tomorrow.
![Irish seek huge upset](https://reseuro.magzter.com/100x125/articles/23703/1824141/Fhpff3uJI1725672426967/IRISH-SEEK-HUGE-UPSET.jpg)
Irish seek huge upset
New Ireland boss Heimir Hallgrimsson is hoping to engineer another huge upset against England today-eight years after his Iceland team shocked the Three Lions at Euro 2016.
![Is retiring early an option?](https://reseuro.magzter.com/100x125/articles/23703/1824141/AOVr1GBx31725672303704/IS-RETIRING-EARLY-AN-OPTION.jpg)
Is retiring early an option?
Early retirement can come with several serious risks.
![Banking on women](https://reseuro.magzter.com/100x125/articles/23703/1824141/zad3WKNJz1725672213442/BANKING-ON-WOMEN.jpg)
Banking on women
Having an account does not equate to financial autonomy.
![Failing matric is not the end of life](https://reseuro.magzter.com/100x125/articles/23703/1824141/DVA0QwfTh1725672123826/FAILING-MATRIC-IS-NOT-THE-END-OF-LIFE.jpg)
Failing matric is not the end of life
In a month's time or so, the matric class of 2024 will sit for their final examinations.