The Constitutional Court has refused an application by several Eastern Cape businesses for leave to appeal a Supreme Court of Appeal (SCA) ruling relating to implementation of the Regulatory Clearing Account (RCA) mechanism in South Africa’s multiyear price determination (MYPD) electricity tariff-setting methodology. On June 6, the SCA upheld an appeal by the National Energy Regulator of South Africa (Nersa) against an earlier North Gauteng High Court judgment, which had found Nersa’s approval of Eskom’s RCA application for 2013/14 to be unlawful.
