Zambia: Zesco raises tariffs

The Energy Regulation Board (ERB) has allowed state power utility Zesco to increase electricity tariffs by as much as 200% with effect from 2 December. Tariffs for low-volume residential users remain unchanged. “The proposed tariff adjustment is expected to generate revenue that will facilitate investment of $3.7bn in generation projects, thereby adding capacity of 1,500MW to the national grid,” the ERB said in a statement.