Zesa hikes electricity tariffs

  • Tariffs increase by 19%
  • New tariff to be effected on March 1

ZIMBABWE Electricity Supply Authority(Zesa) has made an upward review of electricity tariffs with effect from March 1.

The power utility has increased tariffs by 19%.   

In a notice released Thursday,it was stated that  the increase was in accordance with the electricity tariff award of October 2 2019, which approved the monthly tariff indexation.

“The  Zimbabwe Electricity  Transmission and Distribution Company (ZETDC) has adjusted by 19 percent.

“This is in accordance with the tariff award of  2 October 2019, which approved the implementation of the monthly tariff indexation formula.

“It takes into account the movement of the macro-economic fundamentals such as exchange rate and inflation,  for changes above 10%,” read the notice.  

Meanwhile,Energy and Power Development minister Fortune Chasi said Zimbabwe is paying nearly US$1 million towards clearing its electricity debt to South Africa’s state power Utility Electricity Eskom.

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