Monday, January 30, 2023
HomeBusinessAftermath of diesel-powered generators; Electricity tariffs to go up by 24.67%

Aftermath of diesel-powered generators; Electricity tariffs to go up by 24.67%

BLANTYRE-(MaraviPost)-Malawians will start dipping deeper in their pockets to pay for electricity as Malawi Energy Regulatory Authority (Mera) has approved a tariff hike of 24.57% but has instructed the state-owned Electricity Supply Corporation of Malawi (Escom) to effect the raise when they starts using the generators.

Mera chief executive officer, Collins Magalasi, disclosed that the energy regulator approved the tariff hike but have written Escom to put on hold the new tariffs because “people have not started enjoying the benefits of the improved service.”

Magalasi said Escom can implement the new tariffs when it starts supplying power from the diesel-powered generators expected to be expensive to run.

Escom will raise the tariffs from the current K53.80 (about $0.09) per kilowatt-hour to K73.23.

In Malawi, electricity tariffs are expected to be reviewed every four years and since 2008, there have been two electricity tariff reviews, the first being from 2009 to 2013 and the second from 2014 to 2017.

The tariff increase comes at a time when Escom has been rationing power due to reduced generation capacity from the potential demand of 351MW to current levels because of low water levels in Lake Malawi and its sole outlet the Shire River where over 90 percent of hydro power is generated.

The impoverished southern African country which relies on hydroelectricity has been hit by intermittent blackouts since last year, but the outages have recently worsened, lasting up to 25 hours.

But Escom has said there has been increase in power generation from 147 megawatts (MW) to 200MW and load shedding hours will be reduced.

Escom acting public relations manager George Mituka said that on their part, they rely on the amount generated by their sister company, Electricity Generation Company (Egenco).

A number of businesses and hospitals in the country had been forced to use diesel-powered generators to keep the lights on.

According to the World Bank, only 8% of Malawi’s 17 million people have access to electricity.

The Maravi Post has over one billion views since its inception in December of 2009. Viewed in over 100 countries Follow US: Twitter @maravipost Facebook Page : maravipost Instagram: maravipost    

Most Popular

Recent Comments

The History of online Casinos – Agora Poker – hao029 on The History of online Casinos
Five factors that will determine #NigeriaDecides2023 - NEWSCABAL on Leadership Is Difficult Because Governance Is Very Stubborn, By Owei Lakemfa
Asal Usul Texas Holdem Poker – Agora Poker – hao029 on The Origins of Texas Holdem Poker
Malawi has asked Mike Tyson to be its cannabis ambassador - Techio on Malawi lawmaker Chomanika against Mike Tyson’s appointment as Cannabis Brand Ambassador over sex offence
Finley Mbella on Brand Chakwera leaks Part 1
Maria Eduarda Bernardo on The 2021 Guide to Trading Forex Online
Atsogo Kemso, Political Foot Soldier on Why MCP and UTM Alliance Will Fail
Em. Prof. Willem Van Cotthem - Ghent University, Belgium on Malawi army, National bank cover Chilumba barrack with trees
Christopher Murdock on Why dating older woman is dangerous?
Samantha The Hammer on Why dating older woman is dangerous?
Muhindo Isevahani on The Cold War Against TB Joshua
JCON/SCOAN/BKN(888/8885/8808) on The Cold War Against TB Joshua
Keen Observer on Jesse Kabwila, Then and Now
Francesco Sinibaldi on Advertising in 2020 and beyond
VICTORIA NAMENE FILLIPUS on Is TB Joshua not another religious fraudster?
Mekkkk on