PRESIDENT HAKAINDE HICHILEMA DISCUSSES POTENTIAL INCREASE IN ZESCO ENERGY TARIFFS

 

President Hakainde Hichilema Discusses Potential Increase in Zesco Energy Tariffs

President Hakainde Hichilema has signaled an upcoming increase in energy tariffs through Zesco, emphasizing that this change is essential for attracting investment in Zambia's energy sector. Speaking at a recent President Delivery Unit (PDU) forum in Lusaka, the President assured citizens that the tariff hike would not impact the most vulnerable populations.

Key Points from the Forum

During the forum, President Hichilema stated, “We will increase the tariffs to promote investment.” He acknowledged that the previous application submitted by Zesco was inadequate, noting that it failed to effectively communicate the government's intentions.

The President made it clear that vulnerable households would continue to receive a lifeline energy supply, ensuring that their energy costs remain manageable. “Those of us who can afford to pay must pay a higher tariff,” he explained, stressing the need for equitable energy pricing.

Importance of Clear Communication

President Hichilema addressed the shortcomings in Zesco's initial proposal, which he described as poorly communicated. He recognized that the lack of clarity regarding the government’s strategy to shield low-income families from rising tariffs contributed to public concern.

“The first application was wrong. We failed to explain that we aim to protect those at the bottom from higher tariffs, as that would raise their cost of living,” he stated.

Role of the Energy Regulation Board (ERB)

The President has urged the Energy Regulation Board (ERB) to review Zesco’s earlier application, aiming to ensure that any proposed tariff changes are well-articulated and aligned with the government's goals of safeguarding vulnerable populations.

Focus on National Challenges

President Hichilema also highlighted the role of the PDU in addressing critical issues like energy supply and called for collaborative efforts to tackle national challenges. Teamwork and strategic planning will be vital in navigating the complexities of Zambia's energy landscape.

Conclusion

As Zambia moves toward a potential increase in energy tariffs, the government's commitment to protecting vulnerable citizens remains a priority. The discussions led by President Hichilema underline the importance of transparency and effective communication in policy changes, aiming to balance investment needs with social responsibility.

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