The National Council of Provinces’ (NCOP’s) recent approval of the Electricity Regulation Amendment (ERA) Bill has far-reaching implications for the future structure and operation of an industry that has been dominated by Eskom for more than a century. Unlike the controversial National Health Insurance Bill, which President Cyril Ramaphosa signed on May 15, the ERA has the backing of business, which called for its urgent passage as part of reforms that it viewed to be necessary to end loadshedding and place the sector on a more sustainable footing.
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