{"id":14633,"date":"2019-10-10T18:27:20","date_gmt":"2019-10-10T16:27:20","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=14633"},"modified":"2019-10-10T18:27:20","modified_gmt":"2019-10-10T16:27:20","slug":"electricity-price-shoots-up","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/electricity-price-shoots-up","title":{"rendered":"Electricity price shoots up"},"content":{"rendered":"<p>THE <a href=\"https:\/\/www.zera.co.zw\/\">Zimbabwe Energy Regulatory Authority<\/a> (ZERA) has given greenlight to State power supplier Zesa to increase electricity tariffs by over 400%.<\/p>\n<p>According to Zera the increase has been necessitated by the depreciation of the local dollar against major currencies and this will see electricity jump from $38.61c\/kwh to 162.16c\/kwh.<\/p>\n<p>\u201cThe authority analyzed the current situation characterised by about 18 hours of load shedding on most consumer groups, the high cost of alternative energy supplies, the deterioration of the tariff being charged against what is being deemed cost reflective,\u201d Ester Khosa Zera board chairperson said.<\/p>\n<p>\u201cDue to the non-cost reflectivity of the tariff, the utility had not been able to supply enough power to the productive sectors leading to long hours of load shedding.\u201d<\/p>\n<p>Zera added that the increase in tariffs, is expected to improve Zimbabwe\u2019s power supply position.<\/p>\n<p>\u201cIncreases in local inflation which generally affected all local costs, increased local currency requirements for the payments towards water at Kariba which requires US$1.2 million per month,\u201d Khosa said.<\/p>\n<p>Hwange Power Station according to Zera requires 1.5 million litres of diesel per month, $72 million worth of coal and US$3.1 million for maintenance.<\/p>\n<p>Khosa said the new tariff should result in greater efficiency, lower hours of load shedding and urged consumers to pay their bills.<\/p>\n<p>\u201cAnd improved reliability of supply from Zimbabwe Electricity Transmission and Distribution Company (ZETDC) as the company is able to import electricity from Southern African power Pool.<\/p>\n<p>\u201cAnd we expect increased responsibility towards paying electricity bill by all consumer groups to ensure that the electricity companies are capacitated to continuously improve on supply,\u201d said Khosa.<\/p>\n<p>The authority said it consulted stakeholders as a way of soliciting views on the electricity supply situation and the tariffs applicable to the different customer categories.<\/p>\n<p>\u201cThese included farmers, industry, domestic and commerce and ZERA also attended conferences for stakeholders where among other things, the electricity supply and tariffs issues were major topics.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE Zimbabwe Energy Regulatory Authority (ZERA) has given greenlight to State power supplier Zesa to increase electricity tariffs by over 400%. According to Zera the increase has been necessitated by the depreciation of the local dollar against major currencies and this will see electricity jump from $38.61c\/kwh to 162.16c\/kwh. \u201cThe authority analyzed the current situation [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":7965,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,8],"tags":[249,402,670,747],"class_list":{"0":"post-14633","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-community","9":"category-head-lines","10":"tag-currency","11":"tag-electricity","12":"tag-kariba","13":"tag-zera"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Electricity price shoots up - zimbabwe<\/title>\n<meta name=\"description\" content=\"THE Zimbabwe Energy Regulatory Authority (ZERA) has given greenlight to State power supplier Zesa to increase electricity tariffs by over 400%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/electricity-price-shoots-up\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electricity price shoots up\" \/>\n<meta property=\"og:description\" content=\"THE Zimbabwe Energy Regulatory Authority (ZERA) has given greenlight to State power supplier Zesa to increase electricity tariffs by over 400%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/electricity-price-shoots-up\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-10T16:27:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/2019\/04\/www.newsday.co_.zwElectricity-pylon_-b3ef9d0d3cb816ac92cdfecfe4f2c704ae74357c.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"402\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/electricity-price-shoots-up\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/electricity-price-shoots-up\",\"name\":\"Electricity price shoots up - 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