For power utility NamPower to cover its allowed operating costs, cover part of the under recovery of 2015/2016 and also fulfil its financial obligations, the electricity regulator this week announced that it has approved NamPower's submission for an 8 % bulk tariff increase, effective 01 July.
Chief Executive of the Electricity Control Board, Foibe Namene said the increase translates to an effective bulk tariff increase from N$1.49 to N$1.61 per kiloWatt hour.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article