PRESS STATEMENT – ZESCO LIMITED’S APPLICATION TO EXTENDTHE EMERGENCY PERIOD AND THE EMERGENCY TARIFFS

Pursuant to Section 18 of the Electricity Act No. 11 of 2019, the Energy Regulation Board (ERB) on 12th April 2024 declared an emergency following ZESCO Limited’s inability to meet national electricity demand due to reduced water levels in major water reservoirs arising from
the prolonged drought situation over Southern Africa. Premised on the declared emergency, the ERB in October 2024, approved ZESCO’s application for emergency period tariffs for retail customers. This approval was granted after public consultation meetings..

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