What is the price of electricity in Namibia?

In Namibia, the price of electricity is 0.112 U.S. Dollar per kWh for households. For businesses, the price is 0.000 U.S. Dollar per kWh, which includes all components of the electricity bill such as the cost of power, distribution, and taxes.

What is Namibia's electricity tariff hike?

Namibia’s Electricity Control Board (ECB) has approved a 3.8% electricity tariff increase, in a move to reduce the nation’s electricity subsidy. The hike increases the cost of electricity from N$1.98 ($0.11) per kWh to N$2.06 ($0.11) per kWh for the 2025/26 financial year.

How much does a household spend on energy in Namibia?

Namibia highlighted. In Namibia, household spend between 96 and 168 USD (2015) for energy espenditures. This is well within the range of the annualised SHS costs range between 50 and 210 USD (2015). In other countries the costs may exceed the households' expenditures.

What is the overage electricity tariff in Namibia?

The Electricity Control Board (ECB) as the Regulator of electricity pricing in Namibia, in accordance with Section 27, Sub Section (2) of the Electricity Act 4 of 2007, has approved an overage electricity tariff increase of 7.6% for NORED, effective 01 September 2022.

Does Namibia have a bulk fuel storage facility?

Yes, the Government of the Republic of Namibia is in the final stages of constructing a bulk fuel storage facility in Walvis Bay. This facility, with a capacity of 75 million liters, will store ULP ’95, Diesel 50ppm, HFO, and Jet Fuel. NAMCOR has been appointed as the operator of this facility.

Will Namibia's electricity tariff increase reduce its subsidy?

Every day, we handpick the biggest stories, skip the noise, and bring you a fun digest you can trust. Namibia’s Electricity Control Board (ECB) has approved a 3.8% electricity tariff increase, in a move to reduce the nation’s electricity subsidy.