Malawi Energy Regulatory Authority (MERA)has trashed media reports that it’s board has approved a 4 percent electricity tariff adjustment for the power utility body –Electricity Supply Corporation of Malawi (ESCOM).
Fitina Khonje spokesperson for (MERA) said last week the energy regulator issued a report on its activities from March 2021 to March which indicated that the country was supposed to have a 10 percent base tariff adjustment based on the performance and against key indicators MERA had agreed on with ESCOM.
According to Khonje, after conducting an assessment, the board of MERA agreed that ESCOM did not qualify for a 10 percent but 4 percent electricity tarrif adjustment.
She however said a decision is yet to be made if whether the 4 percent electricity adjustment can be effected and when.
“At the moment the tariff remains the same and that discussion was done last year, since then the tariff has not been adjusted”.
Source:MIJ
