More Zesa tariff increases loom

POWER utility, Zesa Holdings, is mulling more tariff increases to recoup losses and supply more stable electricity to consumers despite a recent increase, it has been revealed.

Recently, the Zimbabwe Energy Regulatory Authority awarded a US$0,02 per kilowatt hour tariff increase to the Zimbabwe Electricity Transmission Distribution Company (ZETDC), the distribution arm of Zesa.

This comes as ZETDC reported that the utility had lost about US$3 billion during the past quarter century, US$120 million annually, owing to under-charging consumers for power.

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