Zimbabwe’s ZETDC plans to increase tariffs

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA Holdings, intends to increase electricity tariff, and had earlier applied to the Zimbabwe Energy Regulatory Authority seeking its approval. If the tariff is revised, ZETDC will be able to raise the required working capital for local electricity generation, procurement of critical spares for maintenance, and for electricity imports, in order to reduce load shedding. The power tariff increase is long overdue, as the pricing of electricity should be at par with rising inflation rates.