The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA Holdings, has increased electricity tariffs by 19 per cent with effect from Sunday, 1 March 2020. Here is a breakdown of what this entails, according to ZBC News:
This means that the first 50 units of electricity for the month which used to cost ZWL$20.50 will now cost ZWL$24.50. This follows the increase in the electricity tariffs of the first 50 units from $0.41 (41 cents) per kWh to $0.49 (49 cents) per kWh.
The next 150 units which used to cost $136.50 now cost $162.00. This follows the increase in the price of the electricity tariffs from 91c per kWh to $1.08 per kWh.
The lifeline of 200 units of electricity which are sold at a lower price now cost $186.50 up from $157.
After 200 units have been consumed, all other units will now go for a punitive $4.61 per kWh compared to $3.87 per kWh before.
The prices are just for the electricity tariffs on the prepaid system without including the fixed monthly charge as well as the Rural Electrification Levy of 6 per cent.
The latest electricity tariff increase by ZETDC is the second inside six months.
The power utility said it has taken into account the movement of the macroeconomic fundamentals such as exchange rate and inflation.