By ZBC Reporter
ZESA’s subsidiary, ZETDC, has raised electricity tariffs. The power utility increased the prices of the electricity tariffs by 19 percent, with the new electricity tariffs coming into effect this coming Sunday (01 March 2020).
ZETDC announced the increase in electricity tariffs in a notice of 2020 electricity tariff indexation.
“The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has adjusted the electricity tariffs by 19.02 percent. This is in accordance with the Tariff Award of 2 October 2019, which approved the implementation of monthly tariff indexation formula, that takes into account the movement of the macroeconomic fundamentals such as exchange rate and inflation, for changes above 10%,” reads the statement.
This means that the first 50 units of electricity for the month which used to cost ZWL$20.50 will now cost ZWL$24.50. This follows the increase in the electricity tariffs of the first 50 units from $0.41 (41 cents) per kWh to $0.49 (49 cents) per kWh.
The next 150 units which used to cost $136.50 now cost $162.00. This follows the increase in the price of the electricity tariffs from 91c per kWh to $1.08 per kWh.
The lifeline of 200 units of electricity which are sold at a lower price now cost $186.50 up from $157.
After 200 units have been consumed, all other units will now go for a punitive $4.61 per kWh compared to $3.87 per kWh before.
The prices are just for the electricity tariffs on the prepaid system without including the fixed monthly charge as well as the Rural Electrification Levy of 6 percent.
ZETDC instituted a 320 percent electricity tariff increase in October last year to 162,16 cents per kilowatt hour (kWh) in a move aimed at helping the power utility improve power supply.
By ZBC Reporter