The Zimbabwe Electricity Supply Authority (Zesa) wants electricity to increase from the current 9,83c per kilowatt-hour (kWh) to 14,6c per kWh even after the Zimbabwe Energy Regulatory Authority (Zera) declined the power utility’s application last year.
Zesa’s board chair Dr Herbert Murerwa, told The Sunday Mail Business that the current tariff is unsustainable and that industry’s request to have it slashed to 8c per kWh is not reasonable. Said Murerwa:
Zesa needs a cost-reflective tariff (not the current one) so that it can cover its costs of operations and sustainability. And also, Zesa has a dire need to undertake maintenance and repairs to its equipment and to invest in general. We can’t reduce electricity to such levels (8c/kWh) as Zesa has no capacity to subsidise consumers be it heavy or light consumers. We have no money for subsidies, so consumers should look for alternatives to fund their electricity consumption.
More: Sunday Mail
Herbert Muchemwa Murerwa is a Zimbabwean politician. The Zimbabwean economy saw difficult times during Murerwa's recurrent tenure as Finance Minister. Murerwa is the current chairman of Zesa. Read More About Herbert Murerwa
The Republic of Zimbabwe is a country located in the Southern Africa region. Its capital city is :Harare and the country has 10 provinces. Zimbabwe is 390,580 sq km and is bordered on all sides by other countries (Zambia in the north, South Africa in... Read More About Zimbabwe