Banner 330x1440 (Fireplace Right) #1

Keetmans electricity budget jumps to N$148 million, with upgrades, salaries and tariffs in the mix

The Keetmanshoop Electricity Business Unit (Kebu) has proposed a N$148.2-million budget for 2025/26, with planned network upgrades and a possible tariff increase.

This represents a 17.09% increase from the 2024/25 financial year, Kebu acting strategic executive, Lee Mwemba, has said.

Mwemba was speaking during a consultative meeting with Electricity Control Board (ECB) officials, Kebu officials, councillors and community members to seek input on the proposed increment on Monday.

During the 2024/25 financial year, the revenue of Kebu, a division within the Keetmanshoop Municipality, stood at N$122 million, while its budget stood at N$122 882 544.

Mwemba said from the N$ 148 205 922 budget, about N$87 million, which translates to 58.86%, would go to NamPower, the Electricity Control Board (ECB), and the National Electrification Fund.

Another N$15 million, translating to 10.55%, would go towards salaries, while N$27 million (representing 18.4%), is allocated for the upgrade and automation of the electricity network.

An additional N$6 million, which is 4.15% of the budget, is allocated to the municipality as a local authority surcharge, and a further N$1 million is earmarked for the installation of streetlights.

Mwemba said the municipality has a provisional proposal of a 6 per cent tariff increment for the 2025/2026 financial year that will be submitted to the ECB.

“This is preliminary and not final. From the information we have so far, Kebu is likely to apply for a 6% average increment on electricity; however, that might change when all calculations are done,” he said.

Also speaking at the meeting was Keetmanshoop mayor Annalise Knaus, who said the municipality recognises the importance of electricity as a key driver of development and economic stability.

She said through careful tariff structuring, the municipality strives to strike a balance in ensuring affordability for residents while maintaining the sustainability of electricity supply.

“I extend my gratitude to the ECB for its decision in approving a moderate tariff increase of only 3.8% in contrast with the significantly higher increment of 17.4% initially applied for by NamPower.

“This thoughtful approach reflects your commitment to protecting the socio-economic well-being of communities like ours, and for that, we are thankful,” she said.

In an age of information overload, Sunrise is The Namibian’s morning briefing, delivered at 6h00 from Monday to Friday. It offers a curated rundown of the most important stories from the past 24 hours – occasionally with a light, witty touch. It’s an essential way to stay informed. Subscribe and join our newsletter community.

AI placeholder

The Namibian uses AI tools to assist with improved quality, accuracy and efficiency, while maintaining editorial oversight and journalistic integrity.

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!


Latest News