The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) will on March 1, 2020, hike electricity tariffs by 19.02 per cent.
In a statement, “Notice of 2020 Electricity Tariff Indexation” published in State media, the power utility said:
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%. Below are the tariffs which will be applicable effective 1 March 2020.
a) Fixed Monthly Charge – ZWL$ 7.24 b) Energy charge per kWh:
- 1st 50 kWh – ZWL$0.49.
- 51 – 200 kWh – ZWL$1.08
- Balance – ZWL$4.61
For more, see screenshot below: