The Namibia Electrical energy Management Board (NECB) has proposed a 7.3% improve in electrical energy tariffs for the interval 2024/2025. This improve is in step with the NECB’s cost-reflective tariff methodology, which goals to make sure that electrical energy costs replicate the precise value of offering electrical energy. The rise shall be carried out in two phases, with a 3.65% improve efficient from 1 July 2024, and an extra 3.65% improve efficient from 1 July 2025.
The NECB has cited a number of components which have contributed to the necessity for the tariff improve, together with the rising value of gasoline, the necessity to spend money on new infrastructure, and the necessity to keep the reliability of the electrical energy provide. The NECB has additionally emphasised that the proposed improve is decrease than the present charge of inflation, and that it’s dedicated to holding electrical energy costs as little as attainable whereas nonetheless guaranteeing the monetary sustainability of the electrical energy sector.
