Electricity Pricing and Financial Modelings Senior Manager at NamPower, Christo Visser, says the 17.44% they applied from the electricity control board is 33% below their operational cost. 

NamPower has applied for a 17.44% tariff increase for the 2025/26 financial year, which will raise the average bulk tariff from 198.56 c/kWh to 233.18 c/kWh.

This adjustment will cover rising generation, transmission, and import costs; currency fluctuations; increasing operational expenses; and delayed Independent Power Producers (IPPs) projects.

Visser says they require about N$2 billion for the year 2026. 

"But in our tariff application, we only applied for 1,73 billion that is 33% less so we only recover 67% of the cost. It's the same with maintenance on your vehicle; you can skip a service, and nothing will happen, but some other time, it's gonna catch up with you."

With no tariff increment last year, NamPower's Head of Electricity Pricing, Desdemona Lubinda, explained that the increment they required was to rectify the skipped tariff increment.

Electricity Control Board's Economic and Market Regulation Executive Pinehas Mutota said the ECB's role is to balance the interests of the consumers with that of the electricity suppliers. 

The distributors are required to submit their applications in May, whereby the ECB will continue with stakeholders' engagement at the institution level. 

The Regulator will also visit different regions to engage with consumers on their concerns regarding the distributors' application. 

The tariff review process will be finalized in June this year, followed by implementation in July.