Senegalese President Macky Sall has announced a 10% drop in the price of electricity “from the first semester of 2017” after the country saw a marked improvement in the supply of electricity thanks in particular to the commissioning of
“I am pleased to announce a 10% reduction in the price of electricity from the first two months of 2017, the terms of which will be set by the electricity regulator,” Sall said in his New Year’s message to the nation on Saturday.
“This reduction will represent a gain of 30 billion CFA (more than 45.7 million euros) in favor of consumers” and it is based on “several achievements”, he said.
“The supply of electricity has improved significantly from 912 hours in 2011, while the average annual cut-off time has been reduced to 73 hours in 2016,” the Senegalese head said.
The national electricity company, Senelec, which had cumulative losses of several million euros, has posted a profit for the third consecutive year since 2014,” Sall said without specifying its budget.
In 2016, Sénélec put into service an additional 270 megawatts (MW), more than half of its cumulative capacity in 2015, which was 510 MW.
This has made it possible to improve considerably the quality of the service and give thousands of Senegalese access to electricity, Sall noted. Read more on this here.