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.
この記事は The Citizen の July 09, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Citizen の July 09, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
SWIMMING HOPES ALIVE
TEAM SA: SMITH, COETZE, CORBETT ALL ADVANCE TO THEIR EVENT FINALS
Rory aiming to ease Major agony
OLYMPICS: EIGHT OF THE WORLD'S TOP 10 ARE IN ACTION
Rabada focuses on his team role
MILESTONE: JUST NINE WICKETS AWAY FROM 300-CLUB
Agoa, better now than later
OPTIMISTIC MINISTER: AU HOPES AMERICA DECIDES ON RENEWAL BEFORE NOVEMBER VOTE
Support for democracy down
SOUTH AFRICA: ACCORDING TO AFROBAROMETER SURVEY, MORE THAN 80% BELIEVE CORRUPTION IS UP
RAF CEO dodges jail
JUDGMENT DEBT: COLLINS LETSOALO AVOIDS 'COERCIVE IMPRISONMENT'
Canadian musical on tour
OBEAH OPERA: SALEM WITCH TRIALS NARRATIVE BY CARIBBEANS
SA's decay far worse than the US
A regular letter writer to a local newspaper believes the US is \"experiencing political chaos, societal degeneration and social breakdown\".
Can SA follow China?
ECONOMY: FREER MARKETS, VOLUNTARY TRADE PRINCIPLES WAY TO GO
Make clean breast of it
CANCER: EARLY DETECTION IS VITAL SO CHECK YOURSELF REGULARLY