ERB Approves Emergency Electricity Tariff Adjustments Amid Power Crisis
.... Banda says the tariff changes aim to provide relief for low-income households while ensuring utility financial stability. By Francis Maingaila ♥️ Lusaka, Zambia24 - (10-10-2024) - The Energy Regulation Board (ERB) has approved emergency tariff adjustments for residential and commercial electricity consumers in Zambia, effective from November 1, 2024, to January 31, 2025. This decision aims to alleviate financial pressure on low-income households amid a severe power crisis that has drastically reduced the country’s electricity generation capacity. James Banda, ERB Chairperson, told journalists at a media briefing that the new tariffs will include reductions for residential customers classified under categories R1 and R2, targeting relief for vulnerable households. “We recognize the immense pressure that rising costs have placed on low-income families, and our goal is to provide them with some relief during this challenging time,” he stated. To balance these reductions, the ERB ...