Farmers face electricity increase

The Electricity Control Board (ECB) has announced that it has approved a 7.3% increase in relation to Nampower&#039;s bulk rates.This means that the basic unit rate increases from N$1.69 per kWh to N$1.82 per kWh.These increases will now be communicated to the Regional Electricity Distributors (REDs) and municipalities, who will then have to submit their proposed increases to the ECB forimplementation on 1 July 2022.According to the Namibian Agriculture Union (NAU), NamPower originally applied to the ECB for an annual increase of 12.78% in electricity tariffs earmarked to take effect as from 1 July 2022.However, a submission by the NAU to the ECB requested that Nampower not be granted the applied tariff in the interest of its members and to that only the absolute minimum increase be approved.“To ensure that NamPower can still meet all its financial obligations despite the fact that its request of 12.78% was not granted, the mines and energy ministry has agreed to avail N$100 million from the National Energy Fund as an additional subsidy to NamPower.Namibia relies heavily on rain-fed agriculture and imports more than 60% of its electricity needs.

Farmers face electricity increase

Comments

Namibian Sun 2025-07-01

Please login to leave a comment

Farmers face electricity increase

Comments

Namibian Sun 2025-07-01

Please login to leave a comment

Login