No Tariff Increase This Year – BPC

source: The Botswana Gazette
Written by Botswana Gazette online
Thursday, 09 April 2009 00:00

The Botswana Power Corporation (BPC) has said there will be no increase in electricity costs this year. This is despite the fact that Eskom, South Africa’s utility supplier is likely to apply to the National Energy Regulator of SA for a 34 percent hike in tariffs for 2009. South African reported that the 34 percent would mainly cover increases in operating costs. It is expected that the increase would be “roughly in line with the real increase of about 25 percent a year agreed on at 2008’s National Electricity Summit and takes account of the damage an excessive hike could do to an economy expected to show hardly any growth in 2009″.

BPC has a five year power purchase agreement with Eskom from 2008 to 2012, with a stepped down supply, meaning supplies to Botswana will gradually decrease. Last year the corporation announced an increase in electricity from the 1st of January. BPC increased tariffs for domestic use by 9 percent for domestic use while the tariffs for commercial purposes were hiked by 15%. The increase was a result of the rise in electricity costs in South Africa. It became clear after [continue reading]



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