CCPC cautions energy providers

The Competition and Consumer Protection Commission (CCPC) has cautioned all providers of alternative energy sources to desist from exploiting consumers, by taking advantage of the recently re-introduced load shedding in the country.

The commission has warned providers of alternative sources of energy such as charcoal, solar energy, gas, to avoid charging exorbitant prices, saying such practices are capable of attracting a fine of up to 10 percent of their annual return as enshrined in the law.

The commission has further stated that it is however, worth noting that despite having not received any complaint on the hike of any form of alternative sources of energy, the CCPC under Section 16(f) of the Competition and Consumer Protection Act (CCPA) No. 24 of 2010 prohibits the practice of charging an excessive price to the detriment of consumers.

The commission has further noted that CCPC does not control or regulate prices, saying it is not the authority’s mandate.

In a statement to ZANIS, CCPC Public Relations Officer Rainford Mutabi however emphasized that the commission is not mandated to control or regulate prices in the market but is constantly monitoring the sector with efforts to prohibit anti-competitive practices in the country.

Mr. Mutabi said that CCPC has and continues to monitor the energy sector including all other economic sectors in its quest to promote competition through prohibiting any anti-competitive practices in Zambia.

Since the reintroduction of load shedding in December last year, stakeholders have observed a hike in alternative energy sources in the country as the demand increases.