Q FM Africa's Modern Radio
Government has been counseled to realize that the incentive for wooing investments in Zambia’s electricity production lies in introducing cost reflective tariffs.
Chairperson on the Expanded Parliamentary Committee on Estimates Highvie Hamududu is advising government to take note that like in any business electricity production must be viable.
Mr. Hamududu has told Qfm News in an interview that this means that the private sector can only invest in the production of electricity when the price is higher than the cost.
Highvie Hamududu
He explains that this entails that paying the right rates for electricity is the right thing to do for a correct economy.
Mr. Hamududu who is also opposition UPND Bwengwa Member of Parliament thinks that the business of electricity production must therefore not be politicized.
And Mr. Hamududu has observed that the power deficit that the country is currently experiencing despite its huge potential for hydro-power generation is only an indication that government had gone to sleep.
He says this is because it is well known fact that the demand for electricity has been on an increase in Zambia and therefore low water levels cannot be an excuse.
Mr. Hamududu is of the view that had government worked at increasing electricity production the country would not have experienced any such deficits.