Zambia’s power utility on Friday effected an additional 25 percent electricity tariff hike, completing the 75 percent electricity hike announced earlier this year.

In May this year, the Energy Regulation Board (ERB) approved a 75 percent increase in the price of electricity for retail customers in 2017.

The first 50 percent came into effect on May 15, with the remainder of the rise scheduled to come into effect on September 1.

Henry Kapata, spokesperson of the Zesco Limited, the country’s power utility, confirmed that the additional tariff had come into effect but urged customers not to be wary about the new tariffs as they were affordable.

He said the move was aimed at making the country migrate to cost-reflective tariffs which will ensure more private sector investment in electricity generation. Enditem

Source: Xinhua/NewsGhana.com.gh