News / National
ZETDC losing $300 000 per month from unconnected customers
21 Sep 2015 at 06:38hrs | Views
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has so far recovered about $61 million via the prepaid platform but is losing $300 000 per month from unconnected customers.
ZETDC managing director Julian Chinembiri said they are eying to have prepaid customer base of 800 000 by 2018.
He said 250 000 prepaid meters are required to complete the prepaid metering project and the ongoing connection of new customers to grow the prepaid customer base of 800 000 by 2018.
A total $25 million will be required to procure the meters, he said in a question and answer gleaned from the Standard.
"ZETDC is losing potential revenue of about $300 000 per month from unconnected customers. Customers on the old meter systems are paying their bills and are disconnected when they fail to pay up.
"ZETDC has recovered $61 million via the prepaid platform so far" he said.
Source - the Standard
