- Three new bands introduced
- Between MVR 4 - 6 from the new bands
- No changes for residential usage
Energy Authority has issued new tariffs and revised prices for businesses in Male'. No changes had been announced for residential electricity usage.
A circular released today said three new bands had been introduced for 600 units and above for the business category. The circular added the price changes would be effective from June 1st.
Users will be charged MVR 4.35 per unit for usage between 600 - 3000 units, while MVR 5.75 per unit will be charged for usage between 3000 - 10000 units and MVR 6.65 per unit will charged for usage above 10000 units.
The Ministry said in addition to the usage charge for the bands, a fuel surcharge will be taken on a rate of 3 laari for every 10 laari if the price for diesel is above MVR 8.
Around three months back, the electricity prices for residences was reduced by between 10 to 25 percent. Soon afterward the President had announced that electricity charges will be reduced further.
