In 2017, the government spent $51 million subsidising electricity tariffs in a bid to help low-income households have affordable electricity.
This subsidy was under the government’s preferential plan on electricity tariffs 2015-2020, a senior official from the Ministry of Mines and Energy said on Wednesday.
Minister of Mines and Energy Suy Sem said at the annual conference of the state-owned Electricity Authority Cambodia (EAC) on Wednesday in Phnom Penh that in order to help Cambodian households, particularly low-income households, benefit from a low electricity tariff, in 2017 the government cut about $51 million from state-owned Electicite du Cambodge’s (EdC) revenue.
“All private electricity service providers both in rural and urban areas must offer the electricity tariff as set by government, and the government will subsidise the full fee they lose from the offer to the private sector,” Mr Sem said.
Mr Sem added that in 2015 the government decided to lower the electricity tariffs year-on-year from 2015 to 2020 for the zones which use electricity from the national grid.
He added that 2017 is the second year of implementation on the lowered electricity tariff plan.
Full story on Thursday’s paper