Zesa Hikes Tariffs Again

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased tariffs by 50 percent for the second time in less than two month. ZETDC, increased tariffs last month and in September by the same margin.

Officials argued that movements in the exchange rate and inflation threatened the power utility’s viability if it did not raise tariffs, with the long-term impact being failure to maintain the grid.

Last year, Government took a decision to implement a tariff indexation formula that aligns Zesa tariffs to the movements in inflation and the exchange rate. This was aimed at ensuring that tariffs reflect generation, import and distribution costs to prevent Zesa from returning to the days when it could not afford to buy coal, pay for imports, maintain its power stations or repair faults.

Below are the new Tariffs:

New ZESA tariffs

Old ZESA Tariffs