South Africa: Eskom hearings `no smokescreen`

18 January, 2010 in South Africa

source: Fin24
Jan 17 2010 12:44 Mpho Sibanyoni

Johannesburg – The National Energy Regulator of SA (Nersa) on Friday defended the credibility of its public hearings on Eskom prices, which are scheduled to end on Thursday in Johannesburg.

“These inputs are going to be taken into consideration because we want to ensure that Eskom and its consumers are treated fairly in this process,” said Nersa’s spokesperson Charles Hlebela.

“We do consider the public comments before coming up with a final decision,” he said.

Nersa is expected to announce its decision on February 24.

Hlebela said people who had made submissions in the process so far had not opposed the increase but had taken issue with the magnitude of the proposed raise.

“The key concern is that the proposed 35% increase for each of the following three years will cause many people to lose their [continue reading]