Electricity prices rise in Erongo

Niël Terblanché The Regional Electricity Distributor of Erongo announced that consumers of the electricity it sells have increased by nine percent and that prices will be reviewed in June 2024. According to Nico Niemand, the acting Chief Executive Officer of ErongoRED, the Electricity Control Board (ECB) earlier this year approved an average tariff increase of nine percent for NamPower. Niemand said that the ECB announced that NamPower’s average tariff will increase from N$1.82 to N$2.12 per kilowatt hour for the 2023/2024 financial year. “This constitutes a weighted average increase of 8.97 percent, however, the actual impact to Erongo RED is…