Nored increases tariff

02 Jul 2014 13:50pm
ONGWEDIVA, 02 JUL (NAMPA) – The Northern Regional Electricity Distributor (Nored)'s tariff increased by 11.6 per cent as from Tuesday this week.
The company’s public relations officer, Herman Ngasia told Nampa on Tuesday the increased tariff will translate to N.dollars 1.61 per electricity unit from the previous N.dollar 1.51 per unit.
Last year, the company increased its tariff by 10.6 per cent.
Ngasia, at the same time, encouraged electricity users in Nored’s areas of operation to use the electricity sparingly, especially during peak hours - from 18h00 to 21h00.
“In accordance with Section 27, Subsection (2) of the Electricity Act 4 of 2007, we are pleased to announce that the Electricity Control Board (ECB), the regulator of electricity pricing in Namibia, has approved Nored’s tariff increase of 11.6 per cent with effect from 01 July 2014,” the Nored chief executive officer, Gottlieb Amanyanga was quoted in a statement issued last Friday.
The same statement indicated that Nored’s new tariff is below the national bulk supplier’s (NamPower) average increase of 13 per cent.
“The company will continue to render effective services with high standards to our customers and with continuous improvement,” said Amanyanga.
Nored was the first regional electricity distribution company to be established in Namibia.
The company was founded in 2001, and was granted a 25-year operation licence by the ECB to distribute electricity from NamPower to consumers in the northern regions of Oshana, Ohangwena, Omusati and Oshikoto, as well as Opuwo in the Kunene Region and the north-eastern parts of the country.