The Zimbabwe Electricity Transmission and Distribution Company, a unit of Zesa Holdings, has recovered $24 million which was owed by customers from January to June through the use of prepaid meters.
Zesa is reportedly owed more than $1 billion dollars, with domestic users owing $300 doollars. Zesa spokesperson Mr Fullard Gwasira said:
Every month Zesa collects more than $4 million from prepaid meter users as part of measures to recover debts, and so far, estimates show that over $24 million was collected in the first half of the year.
That is the main reason we are fast tracking the installation of prepaid meters across the country so that we are able to recover more debts, and also, the installation of smart meters will contain power leakages and theft as the latest smart meters reports back where there is tampering of meters and power leakages.
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The Zimbabwe Electricity Supply Authority, (ZESA) under the Ministry and Energy and Power Development was established as the producer, distributor, and regulator of Zimbabwe’s electrical power by Act in 1981 and formed in 1985. It has a number of subsidiary companies with various specialties in... Read More About Zesa