Connect with us

News

Power tariff hike by 12.32 percent

Published

on

MASERU – THE Lesotho Electricity Company (LEC) launched a proposal to increase the tariff by 12.32 percent for the year 2022/23 seeking to raise M1. 47 billion.

Last year, the LEC sought to raise M1.2 billion and proposed the tariff increment by 30 percent.

However, the Lesotho Electricity and Water Authority (LEWA) approved only 10.37 percent through which the company raised M1. 07 billion.

According to Nosi Makhotla, Corporate Planner at the LEC, said the company has the challenge of old infrastructure which needs to be replaced.

Moakhotla said this old infrastructure breaks frequently which hinders them from delivering good services to the customers.

He said they also have the challenge of LEC property which is highly vandalized by the community.

Makhotla said so as to improve the service delivery they need more budget than the previous year.

He said they also need to improve the local generation of electricity so as to minimize the costs of buying electricity outside the country.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement
Advertisement

Trending

Copyright © 2022. The Post Newspaper. All Rights Reserved