Zambia’s Energy Regulation Board has extended the ZESCO Emergency Tariffs for another three months, effective from May 1 to July 31, 2025.
However, the tariff will not be increased.
In a statement issued by the Board Chairperson of ERB, James Banda, the Board observed that the factors that led to the declaration of the emergency tariffs still exist.
He explained that the extension is also due to low water levels in reservoirs and that ZESCO has still not been able to ramp up generation arising from the prolonged drought situation over Southern Africa.
According to Banda, the emergency period and emergency tariffs have been subject to review by ERB at intervals of three months.
Banda further indicated that the ERB, in October 2024, approved ZESCO’s application for an emergency period tariff for retail customers, which was approved after public consultation meetings.
ZESCO Limited applied for emergency tariffs about eight months ago to enable them to procure 300 MW of power to shore up generation due to the severe drought that resulted in low inflows into Kariba Dam.
Source:https://energynewsafrica.com
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