The increase in the cost of electricity has become a growing concern for the average consumer and small businesses in Namibia.

To add salt to the injury, NamPower is seeking a 14,59% increase in electricity tariffs for the 2024–25 financial year. 

The proposal, submitted to the Electricity Control Board (ECB), would raise the average transmission customer tariff from 198.56 cents per kilowatt hour to 227.53.

The Electricity Control Board is yet to announce its decision on the proposed tariff increase tomorrow.

The Electricity Control Board (ECB) has approved an increase of 8.7% for NamPower bulk electricity tariffs, effective this month. That raises the tariff from N$1.82 to N$1.99 per kilowatt-hour.

The NamPower tariffs only impact 70% of distribution costs, with 30% being costs related to different licences.

The tariff increase is applicable to NamPower bulk customers, such as local authorities, regional electricity distributors, and regional councils, who are expected to pass on that cost to end users.