Electricity Tariff- is the rate at which electrical energy is supplied to a consumer. Electricity tariff (sometimes referred to as electricity pricing or the price of electricity) varies widely from country to country, and may vary significantly from locality to locality within a particular country. There are many reasons that account for these differences in price. The price of power generation depends largely on the type and market price of the fuel used, government subsidies, government and industry regulation, and even local weather patterns.
In standard regulated monopoly markets, like the case in Ethiopia, electricity rates typically vary for residential, commercial, and industrial customers. Prices for any single class of electricity customer can also vary by time of day or by the capacity or nature of the supply circuit etc. If a specific market allows real time dynamic pricing, a more recent option in limited markets to date typically following the introduction of electronic metering, prices can even vary between times of low and high electricity network demand.
(Xinhua, 01 March 2018)
Ethiopia earned 35.06 million US dollars from energy exports to Sudan, Djibouti and Kenya in the first six months of the current Ethiopian Fiscal Year, which started on July 9, 2017, an Ethiopian official said on Wednesday.