Minister of Energy, Honourable David Mabumba on Thursday April 13, 2017 launched the much-awaited Electricity Cost of Service Study at the Energy Regulations Board (ERB) offices in Lusaka. During the launch, the Minister said Government is happy that finally the country will have a document that will guide the setting of electrify tariffs based on empirical evidence of the cost of generating, transmitting, and distribution.
The Minister informed participants that the Study is going to be carried out by the Economic Consulting Associates of the United Kingdom in partnership with a Zambian firm called Utilink Zambia. The Study is funded by the African Development Bank (ADB) and is expected to be completed within twelve (12) months.
In order to ensure ownership of the study findings, the Minister instructed ERB to ensure that all stakeholders participate at every stage of the study process.
ONE WOULD WISH THAT SALARIES WERE ALSO BASED ON THE EVIDENCE OF THE COST OF LIVING
WORST OF RESOURCES! A SIMILAR STUDY WAS COMPLETED IN 2006 TO NO AVAIL. THESE ERB GUYS ARE CLUELESS! WORST OF TAX PAYERS MONEY!!!!
Oh phuck off you goons. Just accept that you have failed to provide affordable electricity in a country blessed with abundant water and sunlight. Please don’t be ashamed because no one expects anything tangible from an illegal government with an illegal president whose vision is to persecute dissenting views
I will only believe it when I see it. PF have been claiming that the true cost of supplying electricity is at least 400% of the current cost. Now they have hired consultants to prove their claims. Zesco’s costs include the cost of nepotism by which PF dump their unemployed relatives at Zesco. Chimbwili was very clear that PF survives on this principle. Also Zesco funds PF campaigns. Are these costs going to be stripped out of the pure costs of supplying electricity?
But we heard that Tariffs will be increased in a phased manner upto 75%. Now This 75% increase will be based on what Tariff if not the current ones??
How can you increase tariffs when you do not know the cost of production. You have increased tariffs so they are cost reflective but you will only know the TRUE cost after ABOUT 12 months. So how did you quantify the current price increaees.
The current price increases will be justified if they cover the costs of corruption and mismangment by PF .
I have submitted my comprehensive analysis of Zesco tariff application to ERB That is the way to go in view of Our Zesco not comprehensive in disclosure
The cost of service study at least serves the time and acts like a researched report basis on which the client can rely
The minister should also sponsor the study on impact of increasing those prices or tariffs after the Cost of study to ensure the prices do not curtail the energy market structure and result in market failure and allocation inefficiency
I have submitted my compressive analysis on Zesco Tariff application as part of my contribution towards the development of the sector