ECB approves -1.6% adjustment

Erongo RED is committed to providing subsidised tariffs to registered pensioners. The tariffs for the pensioners will remain unchanged for the 2020/2021 period.
Phillepus Uusiku
The Electricity Control Board (ECB) has approved an average -1.6 percent tariff decrease for Erongo RED business customers effective from 01 July 2020.

At a media conference held here on Thursday, Erongo RED chief executive officer (CEO), Fessor Mbango announced that the adjustment was qualified by the introduction of the single season tariff and the change in the Time of Use (TOU) schedule.

“Erongo RED took into account various factors such as the zero per cent tariff adjustment by NamPower and concerns raised by the community through the consumer liaison committee which includes the current economic situation and operational costs,” Mbango stated.

He added that the introduction of the single season tariff and the change in the TOU schedule was communicated to all TOU customers, while all other customers including residential, pensioners and at institutions will see a zero impact on their monthly bill as tariffs remain unchanged.

“Business customers will therefore see a 0 to -1.6 percent reduction based on their usage on their monthly bill,” he said.

With regard to statutory levies, Mbango added that the ECB levy will remain unchanged for the period of 12 months, starting 01 July 2020 to 31 June 2021.

“Erongo RED is still committed to providing subsidised tariffs to registered pensioners up to 40 Amperage. The tariffs for the pensioners who are being subsidised will still remain unchanged for the 2020/2021 period,” he said.

There are currently 6 495 pensioners registered on the subsidised tariff. Erongo RED also has a lifeline tariff for its low-income members applicable to domestic customers with up to 20 Amperage connection. There are 2 198 consumers connected to this tariff. - Nampa

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Namibian Sun 2024-05-06

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 322.42/OZ UP +0.90% | Copper US$ 4.57/lb UP +0.99% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.98/BBP UP +0.59% | Platinum US$ 951.75/OZ DOWN -0.0043 Sport results: Premier League: Liverpool 4 vs 2 Tottenham Hotspur | Brighton 1 vs 0 Aston Villa | Chelsea 5 vs 0 West Ham | Manchester City 5 vs 1 Wolves | Brentford 0 vs 0 Fulham | Sheffield United 1 vs 3 Nottingham Forest | Burnley 1 vs 4 Newcastle | Arsenal 3 vs 0 Bournemouth | Luton Town 1 vs 1 Everton LaLiga: Rayo Vallecano 0 vs 1 Almería | Sevilla 3 vs 0 Granada | Valencia 0 vs 1 Deportivo Alaves | Celta Vigo 3 vs 2 Villarreal | Osasuna 0 vs 2 Real Betis | Mallorca 0 vs 1 Atletico Madrid | Girona 4 vs 2 Barcelona | Real Madrid 3 vs 0 Cadiz | Real Sociedad 2 vs 0 Las Palmas | Getafe 0 vs 2 Athletic Club SerieA: AS Roma 1 vs 1 Juventus | AC Milan 3 vs 3 Genoa | Empoli 0 vs 0 Frosinone | Hellas Verona 2 vs 1 Fiorentina | Cagliari 1 vs 1 Lecce | Sassuolo 1 vs 0 Inter Milan | Monza 2 vs 2 SS Lazio | Torino 0 vs 0 Bologna European Championships Qualifying: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End English Championship: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End Weather: Katima Mulilo: 18° | 35° Rundu: 16° | 34° Eenhana: 14° | 34° Oshakati: 17° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 32° Otjiwarongo: 14° | 30° Omaruru: 15° | 32° Windhoek: 13° | 28° Gobabis: 16° | 29° Henties Bay: 13° | 19° Wind speed: 19km/h, Wind direction: S, Low tide: 08:09, High tide: 14:30, Low Tide: 20:18, High tide: 02:00 Swakopmund: 15° | 17° Wind speed: 20km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:28, Low Tide: 20:16, High tide: 02:00 Walvis Bay: 14° | 21° Wind speed: 25km/h, Wind direction: SW, Low tide: 08:07, High tide: 14:27, Low Tide: 20:16, High tide: 02:00 Rehoboth: 15° | 29° Mariental: 16° | 31° Keetmanshoop: 17° | 31° Aranos: 18° | 31° Lüderitz: 13° | 22° Ariamsvlei: 17° | 34° Oranjemund: 12° | 20° Luanda: 25° | 29° Gaborone: 15° | 30° Lubumbashi: 16° | 27° Mbabane: 14° | 28° Maseru: 10° | 25° Antananarivo: 10° | 22° Lilongwe: 17° | 29° Maputo: 18° | 30° Windhoek: 13° | 28° Cape Town: 15° | 16° Durban: 18° | 29° Johannesburg: 16° | 25° Dar es Salaam: 22° | 30° Lusaka: 19° | 30° Harare: 14° | 29° Economic Indicators: Currency: GBP to NAD 23.13 | EUR to NAD 19.85 | CNY to NAD 2.56 | USD to NAD 18.45 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.64 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.19 | USD to AOA 834.06 | USD to BWP 13.62 | USD to EGP 47.9 | USD to KES 133.48 | USD to NGN 1380 | USD to ZAR 18.45 | USD to ZMW 27.07 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13403.47 Up +0.61% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +3.34% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 322.42/OZ UP +0.90% | Copper US$ 4.57/lb UP +0.99% | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.98/BBP UP +0.59% | Platinum US$ 951.75/OZ DOWN -0.0043