Electricity consumers in Namibia will face a reduced tariff increase of 3.7 percent starting 1 August. The adjustment follows a decision by the Electricity Control Board (ECB) to lower NamPower’s initial request for an 8.4 percent hike.
To facilitate this reduction, the Namibian government has committed N$90 million to subsidize the costs. This intervention aims to cushion consumers from the full impact of the requested increase, resulting in a more manageable rate for the public.
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