Government has agreed to reduce electricity tariffs by 45% and 50% for lifeline consumers and vulnerable groups.
The relief will translate into the following rates:
0-50 = 45%
51-300= 50%
This means all consumers between the 0-50 band will have a 45% reduction in their electricity tariff while the 51-300 band will have 50% reduction.
Tariffs for all other consumption bands remain unchanged.
This was contained in the Memorandum of Understanding (MoU) between government and Organised Labour on the electricity tariffs and energy sector levies issued on Wednesday.
“As agreed in 2013, the stakeholders have renewed their commitment to the implementation of the Automatic Tariff Adjustment to avoid the large increases associated with non-implementation and its effect on incomes of households and businesses,” the MoU added.
The Trades Union and Organised Labour last week embarked on a nationwide demonstration to press home the need for government to decrease the tariff hikes.
This led to the facilitation of negotiations between government and organised labour.
Government and Organised labour are yet to also agree on the rate at which water prices would be decreased.
