African countries with lowest cost of electricity ( TOP 5)
Wherever you are in the world, paying for electricity is something which is inevitable. The only difference here is that every country’s pricing per kilowatt is different. Due to an increase in urbanization, access to electricity is becoming common.
WHY ARE THERE DIFFERENCES IN THE COST OF ELECTRICITY IN VARIOUS COUNTRIES?
The price of electricity in various countries depends on their natural resources, the weather, taxes imposed by the government, and also the issue of demand and supply.
MEASURES FOR ACHIEVING AFFORDABLE ELECTRICITY.
Because people will always need electricity in their day-to-day activities, it is imperative to look for ways to have electricity at an affordable rate. These are some ways.
1 . Providing prepaid electricity:
Many households’ demand for electricity is based on the income they earn. Therefore by providing prepaid electricity, many can dictate their demand for electricity based on their income.
2 . Optimization and increased efficiency:
By ensuring that the system is optimized, expenditure for operating is reduced and making supply more available and reliable. This can be done by giving a correct meter reading and billing.
3 . Raising the tariffs:
In order for everyone on the grid to have access to electricity, there should be a rise in tariffs. This can best be achieved by being conscious of consumer details such as incremental tariff increases and targeting larger consumers that are well to do
4 . Cost reductions and increased cash collections:
It will be more prudent to increase the tariffs but reducing the cost by investing in transmission and distribution will cover all operational costs thereby improving the utility performance.
AFRICAN COUNTRIES THAT PAY LOW PRICES FOR THEIR ELECTRICITY
- One of the African countries that pay less for electricity is Cape Verde. The cost of electricity is 0.235 U.S. Dollars per kWh for households and .196 U.S. Dollars for businesses and this includes all components of the electricity bill such as the cost of power, distribution, and taxes.
- The second country is Sudan, the price of electricity in this country is 0.002 U.S. Dollars per kWh for households and 0.019 U.S. Dollar for businesses. The cost is low because of the reduction of high-cost thermal generation to 17 percent.
- Libya pays 0.004 U.S. Dollars per kWh for households and 0.006 U.S. Dollars for businesses.
- Another African country is Ethiopia which pays, about $0.09 per kilowatt-hour (kWh) for power generation while the current tariff for electricity lies between 0.007 U.S. Dollars per kWh for households and 0.020 U.S. Dollar.
- Last but not least, Zimbabwe whose price of electricity is 0.013 U.S. Dollars per kWh for households.
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