Mozambique: Price Cuts Will Cost EDM 15 Million Dollars

Maputo — Mozambique's publicly-owned electricity company, EDM, expects to lose about 15 million US dollars this year from the price cuts ordered by the government, as part of its response to the coronavirus pandemic.

Two categories of electricity consumers will see their electricity bills fall. Those households who pay the "social tariff" will benefit from a 50 per cent price cut. These are households which only use a small amount of electricity, up to a maximum of 125 Kva (kilo-volt-amperes). EDM says there are 2,964 of them.

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