Electricity Control Board

ECB hikes bulk power price

ECB hikes bulk power price

Staff Writer The Electricity Control Board has announced an increase in the average bulk price by 7.3 percent from the current approved tariff of N$1.6982 per kilowatt-hour to N$1.8222 per kilowatt-hour for the financial year 2022/2023. Acting ECB Chief Executive Officer (CEO) Rachel Boois said the board met in April to discuss a tariff application submitted by NamPower for a 12.78 percent effective bulk tariff increase (inclusive of generation and transmission), resulting in a rise from an average N$1.6982 per kilowatt-hour (kWh) to N$1.9153 per kilowatt-hour (kWh) for the financial year 2022/2023. However, the allocation was reviewed, and a 7.3…
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