Namibia: New electricity pricing rules on the cards – National

The Electricity Control Board (ECB) is introducing new rules that will make electricity companies justify their prices.

The regulator’s new system requires companies to ensure that their tariffs reflect their actual costs, and that those costs are well spent. The system is expected to come into effect in 2027.

ECB executive Pinehas Mutota told The Namibian that the new regulations incentivise lower costs so that utilities are both financially efficient and affordable for…