ERB nods new Zesco tariffs
Published On May 2, 2024 » 754 Views» By Times Reporter » Latest News
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. Bowa

By EMILY KUWEMA –
ZESCO Limited will this month begin to charge new electricity tariffs for retail consumers following the approval of the new tariffs by the Energy Regulations Board (ERB).
ERB Board Chairperson Reynold Bowa also said ERB had conditionally approved tariffs for 2025 to 2027 subject to the board’s annual review of the Regulatory Clearing Account (RCA).
Mr Bowa said the annual review involved an analysis of Zesco’s projected and actual result arising from the approved tariff of 2023 as the analysis revealed that the utility company’s actual revenue in 2023 of K28.23 billion exceeded the ERB’s approved projection of K21.45 billion by K6.78 billion.

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