The Electricity Control Board's (ECB) Chief Executive Officer Robert Kahimise says artificial intelligence-driven tools could reduce electricity costs through efficiencies.

The topic of the use of AI in the electrical sector has caused discomfort among many in the industry.

Ten of the electricity licence holders who have not applied for their annual review with the Electricity Control Board (ECB) were accorded amnesty.

ECB initiated to adjust their annual tariff from October 1st, 2023, for post-paid and prepaid; the effective date is October 24th, 2023.

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.