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Vendors cheer electricity price cut

Mom Kunthear / Khmer Times No Comments Share:
Vendors will see the price of electricity drop to about only 740 riel per kilowatt. KT/Chor Sokunthea

Market vendors in the capital yesterday welcomed the government’s decision to reduce the price of electricity from 1,000 riel to only 740 riel per kilowatt hour.

Last week, Prime Minister Hun Sen announced the government’s decision to bring down electricity costs while speaking at the launch of the Lower Sesan II hydro project.

On Saturday, Phnom Penh governor Khuong Sreng and his officials visited vendors in Phsar Doeumkor market to brief them on the price cut and told them that it benefits vendors throughout the country.

Previously, vendors at the markets in Phnom Penh paid private contractors between 1,200 riel and 1,500 riel per kilowatt hour.

“In order to cut costs for vendors, the prime minister has decided to reduce the price of electricity for all small businesses to only 740 riel per kilowatt from January 2019,” Mr Sreng said.

City Hall spokesman Meth Meas Pheakdey yesterday said that vendors in the capital welcomed this “gift” from the Prime Minister.

“They thanked the Prime Minister for paying attention to their needs,” he said, adding that City Hall is trying to get the cost of electricity reduced for the vendors in January.

Mr Meas Pheakdey said that City Hall officials are discussing the price reduction for market vendors with Electricité du Cambodge.

Va Vatana, 34, a coconut and grocery seller in Kandal market, yesterday said that she has not got any official information about the price cut, noting that she only heard about it through the media.

“It will be very good for me and also the other vendors because I spend 2,500 riel per day for electricity,” she said.

Navy, 28, a beef seller in Doeumkor market, yesterday said she was happy because she now pays 1,300 riel per kilowatt hour of electricity.

“I am very happy that the price of electricity is going to be reduced,” she said. “We will now only have to pay almost half of what we are paying now.”

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