ERB PRESS STATEMENT- ZESCO electricity Tariff hike application
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By Agnes Phiri (Mrs) Director – Consumer and Public Affairs-Energy Regulation Board THE Energy Regulation Board (ERB) has received an application to vary electricity tariffs by ZESCO Limited with effect from 1st May 2017. In its application, by ZESCO MD Victor Mundende, ZESCO proposes to increase tariffs by 75% on average, in two phases starting with 50% on 1st May and a further 25% in September 2017. Following the ZESCO application the ERB will now proceed to consider the proposed tariff increases in line with the provisions of the Law that governs electricity tariff determination, particularly as specified in the...