Wed, 07 Jun 2017 11:58:21 +0000 By BENNIE MANDANDO MILLERS should consider investing in solar energy in order to avert costs associated with the 50 percent increase in electricity tariffs. says Energy Forum Zambia chairperson Johnstone Chikwanda. Mr Chikwanda said the move would also reduce the cost of production because it was not possible for Government to grant them special tariffs as that will mean subsiding their operations. The Energy Regulation Board (ERB) has approved a 50 percent upward tariff increase proposed by Zesco effective May 1 this year while another 25 percent will be effected on September 1 to complete a total 75 percent overhaul. This is aimed at making the electricity tariffs cost-reflective to attract investments in the sector as well as make Zesco more effective and lessen the burden on the national Treasury which had been constrained as most of power consumption was subsidised by Government for up to a tune […]
