Tuesday, March 19, 2024
HomeUncategorizedERB predicts electricity tariffs hike, high fuel prices

ERB predicts electricity tariffs hike, high fuel prices

The Energy Regulation Board-ERB has predicted an increase in electricity tariffs following the cost reflective levels.

ERB Board Chairperson Brain Mundubili says the oil prices also need to be adjusted since the last fuel price was reviewed in July 2015.

Mr Mundubili says the electricity tariffs in the country are currently not cost reflective.

Mr Mundubili said this at a media cocktail in Lusaka.

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