Zesco tariff hike application suspended

President Lungu has directed the Ministry of Energy to defer the Tariff review application made by ZESCO to the Energy Regulations Board.

Energy Minister Mathews Nkhuwa has announced this development and said the President consulted widely on the application.

“President Lungu has with immediate effect suspended the tariff review application made by ZESCO to the Energy Regulation Board (ERB).

“After consultations, President Lungu has listened to the concerns raised by various stakeholders and members of the public.

“The section of society have voiced out their concerns on the proposed application for the tariff review by ZESCO and its implications on the general cost of doing business,” he said.

Mr Nkhuwa has since advised that all concerned institutions to accordingly suspend the tariff review process with immediate effect.

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