EDM raises electricity prices as from tomorrow with 2 exceptions – Mozambique

Login

Register

http://www.clubofmozambique.com/

EDM raises electricity prices as from tomorrow with 2 exceptions – Mozambique

7:39 CAT | 14 Aug 2017

File photo

Starting tomorrow, electricity becomes more expensive. Following the announcement made in November 2016, Electricidade de Moçambique again raised electricity rates, 10 months after the last increase.

Domestic consumers, which make up about 90 percent of the company’s customers, will pay 6.95 meticais per kilowatt hour as from tomorrow, against the current 5.14 meticais.

This 1.81 meticais per kilowatt hour hike is applied to consumers who already use the prepaid energy purchase system, better known as CREDELEC.

Also Read: Electricity Prices up 27- 40% in Mozambique / Cement goes up too – Hanlon

For domestic consumers who have not yet joined CREDELEC, fees have risen by an average of two meticais per kilowatt hour.

The public company maintained the fee of 1.07 meticais per kilowatt hour for low-income customers, whose monthly consumption varies from zero to 125 kilowatt hours.

Also Read: EDM wants to raise electricity prices again – Mozambique

The low-voltage agricultural tariff has not changed either.

In a statement released today, EDM justifies the increases with the need bring the sale price closer to purchase costs. In fact, the company’s CEO has always defended the increase in tariffs as the only way to support the operational costs of investments.

Also Read: State institutions owe EDM more than 2 million meticais – A Verdade

Source: O País