ErongoRED announced steep tariff hike

Niël Terblanché Residents of the Erongo Region in Namibia will have to embrace an enhanced financial strain as the regional electricity distributor announced a significant 8.97 percent hike in electricity tariffs. The increase comes in the wake of the Electricity Control Board (ECB) declaration regarding a rise in NamPower’s average tariff from N$1.82 to N$2.12 per kilowatt-hour for the fiscal year 2023/2024. Acting CEO of Erongo RED, Nico Niemand, confirmed that the revised tariffs are not confined to the Erongo Region but are slated to have a nationwide implementation. “The impact of the increase on customers will vary, depending on…