The R1,8bn “bonuses” that Eskom lists as part of its expenses are not performance bonuses. These are the 13th checks that form part of certain employees’ basic conditions of service, thus part of their normal remuneration package.
The National Energy Regulator (Nersa) is, therefore, wrong to deduct these “contractual expenses” from Eskom’s expenses, Eskom reaffirmed in a news statement on Tuesday morning.
Not all employees receive a 13th check as part of their remuneration package, Eskom says, but employees all have the option to split their salary into 13 payments.
In a separate case, Eskom is asking the court that Nersa should not be allowed to deduct the R69bn aid package received from the utility company in February from the increase in power tariffs. It effectively undoes the help.