Zesa increases electricity tariffs
ZESA has announced a new 19% tariff hike that will be effected on the 1st of March. This has been !ey with mixed reactions with most people expressing shock at the new pricing structure and lamenting lack of funds to keep up with the new rates. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has adjusted the electricity tariffs by 19.02 per cent.
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%.
ZESA statement Fixed Monthly Charge – ZWL$ 7.24 The monthly kWh/ unit charges for household consumers on conventional meters are now structured as follows: 1st 50 kWh – ZWL$0.49. 51 – 200 kWh – ZWL$1.08 Balance – ZWL$4.61 Households with prepaid meters will pay the following standard rates: 1st 50 kWh – ZWL$2.15 51 – 200 kWh – ZWL$2.15 Balance – ZWL$2.15 The stepped tariffs will be as follows: 1st 50 kWh – ZWL$0.49 51 – 200 kWh – ZWL$1.08 Balance – ZWL$4.61
Electricitu has become a rare luxury in Zimbabwe and power cuts have become the norm. Most people have since resorted to the use of gas and other alternative sources of power bowing to the scarcity of electricity and also because they can no longer afford to pay such high electricity tarriffs.