Namibia: ECB approves tariff increase
Issue 300
- 15 May 2015
| 1 minute read
The Electricity Control Board (ECB) has granted NamPower a 9.53% electricity tariff increase for 2015-16 after reviewing an application for a 13.2% bulk tariff hike. Namibia’s power tariffs have been cost-reflective since 2011-12, and NamPower had sought the increase to meet its rising service delivery costs. Namibia remains a net importer of electricity, at times importing up to 70% of its needs from the region depending on water levels at the Ruacana Power Station. Several new generation projects are planned under the National Integrated Resource Plan, but most of them will start producing power only after 2016 due to construction lead times.
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