The Electricity Control Board (ECB) has granted the Northern Regional Electricity Distributor (Nored) an average tariff increase of 3.8% for the current financial year.
The electricity tariff increment is effective 1 August until 30 June 2026.
Nored spokesperson Simon Lukas says the change in tariffs for pre-paid customers will only be implemented 25 August.
“The increment is primarily due to the average increase in the bulk electricity tariff granted to the national utility in May, and implemented with effect from 1 July,” he says.
He further adds that Nored is cognisant of the current economic situation and the impact of electricity costs on the customers.
“However, the tariffs adjustment is granted to ensure a continued supply and distribution of electricity to our customers during these challenging times,” says Lukas.
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