Energy Minister David Mabumba has expressed happiness over the document aimed at guiding the setting of electricity tariffs based on empirical evidence of generating transmitting cost and distribution which will be implemented soon in Zambia.
The Energy Minister revealed that the study will be carried by the Economic Consulting Associates of the United Kingdom in partnership with the Zambian firm called utilink Zambia.
He noted that the study which is funded by the African Development (ADB) is expected to be completed in 12 months’ time once commenced.
Mr Mabumba stated that Zambians especially business persons will benefit a lot once the initiative is employed and electricity usage will be favourable to every business entity and households in Zambia.
He was quick to mention that the Patriotic front (PF) led Government means well for Zambians thus allowing undertakings about electricity in the country.
“Am happy that the document aimed at guiding the setting of electricity tariffs based on empirical evidence of the generating transmitting cost and distribution will be implemented soon in Zambia” Mabumba said