{"id":44788,"date":"2023-05-13T18:09:33","date_gmt":"2023-05-13T18:09:33","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct"},"modified":"2023-05-13T18:41:58","modified_gmt":"2023-05-13T18:41:58","slug":"namibia-raises-bulk-electricity-tariffs-by-8-97-pct","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct","title":{"rendered":"Namibia raises bulk electricity tariffs by 8.97 pct"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Namibia\u2019s Electricity Control Board (ECB) on Friday announced an average hike of 8.97 percent for bulk electricity purchases for the 2023\/2024 financial year.<\/p>\n

This will see tariffs increase from the current 1.82 Namibia dollars (about 0.12 U.S. dollars) to 1.98 Namibia dollars per kilowatt hour (kWh).<\/p>\n

\u201cThe ECB is cognisant that prices of goods and services have been increasing, and this is negatively affecting consumers,\u201d ECB Chief Executive Robert Kahimise told a press briefing in Windhoek, the capital.<\/p>\n

He said the approved tariff will apply to NamPower bulk customers that include regional energy distributors, local authorities, regional councils, and mines.<\/p>\n

\u201cAll distribution licensees will individually apply to the ECB for a review of their distribution tariffs, which when approved will apply to end consumers effective July 1,\u201d Kahimise said.<\/p>\n

Meanwhile, the electricity regulator said for the 2023\/2024 period, it is forecasted that 59 percent of national demand will be met by regional imports and the rest by local generation.<\/p>\n

\u201cThe Ruacana Hydro Power Plant is the main source of our local generation. However, it has performed below average over the years, due to the low water flow of Kunene River,\u201d Kahimise said, adding that electricity that was not generated at Ruacana as anticipated during the previous period was replaced by imports at a higher cost, which leads to a higher tariff.<\/p>\n

To boost local generation, Kahimise said, NamPower is implementing several projects of which two, the Khan Solar PV (20 MW) and the Anixas II (50 MW), are expected to be commissioned next year.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Namibia\u2019s Electricity Control Board (ECB) on Friday announced an average hike of 8.97 percent for bulk electricity purchases for the 2023\/2024 financial year. This will see tariffs increase from the current 1.82 Namibia dollars (about 0.12 U.S. dollars) to 1.98 Namibia dollars per kilowatt hour (kWh). \u201cThe ECB is cognisant that prices […]<\/p>\n","protected":false},"author":84,"featured_media":44787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,249],"tags":[234,236,233],"class_list":["post-44788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nNamibia raises bulk electricity tariffs by 8.97 pct - Namibia<\/title>\n<meta name=\"description\" content=\"Namibia\u2019s Electricity Control Board (ECB) on Friday announced an average hike of 8.97 percent for bulk electricity purch ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Namibia raises bulk electricity tariffs by 8.97 pct\" \/>\n<meta property=\"og:description\" content=\"Namibia\u2019s Electricity Control Board (ECB) on Friday announced an average hike of 8.97 percent for bulk electricity purch ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-13T18:09:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-13T18:41:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/05\/postQueueImg_1683985182.59.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Namibia raises bulk electricity tariffs by 8.97 pct\",\"datePublished\":\"2023-05-13T18:09:33+00:00\",\"dateModified\":\"2023-05-13T18:41:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct\"},\"wordCount\":265,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2023\/05\/postQueueImg_1683985182.59.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/namibia-raises-bulk-electricity-tariffs-by-8-97-pct\",\"name\":\"Namibia raises bulk electricity tariffs by 8.97 pct - 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