Introduces new power tariff
ADDIS ABABA – Ethiopian Electric Utility (EEU) briefed activities being undertaken to expand electric power accessibility as it introduced a four-year electricity tariff adjustment plan.
The Utility is working in collaboration with concerned bodies to expand access to electricity as 44% of country’s population is still living in darkness, EEU CEO Eng. Shiferaw Telila told journalists yesterday in a presser on last year work performance and the New Year budget plan.
Therefore, he said that EEU has planned to benefit 600,000 new customers, 200 new rural villages and town to utilize electric power, and the likes.
According to the CEO, EEU has worked on maximizing the number of customers, extending electric power accessibility, increasing revenue, installing modern technology, and improving electric power infrastructure, and ensuring good governance in the just ended budget year.
“EEU has also launched a new electric tax improvement to facilitate the power accesses across the country. The new electricity service tariff will be implementing in the coming four years, with due consideration given to the low income households. For instance, customers who are consuming from 0 to 200 megawatt per hour have gained 75 % subsidy from the government,” Shiferaw noted.
As to him, the new electricity service tariff is designed to strengthen efforts of providing sustainable and adequate electric power, construct infrastructures and reconstructing the destructed ones, and creating competitiveness.
Accordingly, households that use less than 50 kilowatt hours (kWH) at 0.27 Birr will pay 1.56 Birr tariffs in the next 4 years, Shiferaw expressed.
On the other hand, the utility has planned to generate 58.3 billion Birr of which 43.04 billion Birr revenue from energy sell and 15.224 billion Birr revenue from new linkage and others next budget year, according the CEO.
BY MESERET BEHAILU
THE ETHIOPIAN HERALD THURSDAY 5 SEPTEMBER 2024
