The Zimbabwe Transmission and Distribution Company (ZETDC), ZESA’s power distribution subsidiary, has hiked electricity tariffs by 30%.
The power utility has said “low’ tariffs are below the cost of supplying electricity. The energy regulator, Zimbabwe Energy Regulatory Authority (ZERA), also said the tariffs make Zimbabwe unattractive for energy investors. ZERA said in a statement:
The Zimbabwe Transmission and Distribution Company (ZETDC) would like to advise its valued customers that electricity tariffs have been adjusted upwards by 30%, effective 26th May 2021.
The increase is based on the outstanding indexation for the year 2020.