Electricity prices rise – Mozambique

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Electricity prices rise – Mozambique

12:17 CAT | 04 Mar 2019

Photo: O País

Customers of public company Mozambique Electricity started paying more for of electricity on Friday, in the fourth price hike in five years.

In a notice STV has seen, EDM announces tariff adjustment for four categories of low-voltage customers, namely those on the social tariff, domestic tariff, agricultural tariff and general tariff.

EDM cites the same justifications as in the previous three tariff increases: “To allow the company to continue to invest in the expansion of the network, with a view to meeting the growth in demand and increasing access to electricity, and to ensure a financial balance which will provide for the continuity of quality and secure energy supply.”

Specifically, domestic consumers up to 300 kilowatts now pay 6.63 meticais per kilowatt hour, 1.17 meticais more than previously. For prepaid customers, the Credelec increase is 1.49 meticais kilowatt hour, which now costs 8.44 meticais.

The agricultural tariff has almost doubled to 4.08 meticais per kilowatt hour. Rates for the “social category” – those Mozambicans regarded as poor – remain unchanged.

Source: O País