Ethiopian Electric Bill Calculation!

Electricity Bill Calculation‼️
Do you know how to calculate your “monthly electricity bill” and what you pay for? To help you use it, simply calculate your expenses according to the following procedure! – #4

👉 When a “residential customer” pays a monthly electricity bill, it includes the service charge, the regulatory authority’s control tax, value added tax, IBCO TV license fee and service fee value added tax.

👉 The procedure also includes the current kilowatt-hour tariff multiplier and the above-mentioned fees when the customers’ electricity consumption is multiplied by the current kilowatt-hour tariff multiplier and the above-mentioned fees.

For example, if we assume that a customer used 350 kilowatt-hours (kWh) in this December💡

➡️ A “postpaid customer” who uses 301 to 400 kWh of electricity, the current tariff multiplier per (kWh) will be 4.9477 birr.

Monthly energy consumption

▶️ 350 kWh*4.9477 Birr (current tariff multiplier) 🟰 1,731.70 Birr,

VAT

▶️ (Monthly energy consumption in kWh15%); that is 1,731.7015% 🟰 259.75 Birr,

Service fee

▶️ For customers consuming more than 50 kWh 🟰 47.7 Birr,

Service fee VAT

▶️ Service fee*15% which is 47.7 Birr *15% 🟰 7.155 Birr,

Tax paid to the regulatory authority

▶️ (Monthly energy consumption in kWh+service fee)0.5%; This means (1,731.70 + 47.7)0.5% 🟰 8.897 Birr,

📺 TV license fee paid to Ethiopian Broadcasting Corporation for more than 50 kWh 🟰 10 Birr

Therefore, based on the above procedure, our customer’s monthly electricity consumption bill will be as follows.

➡️ Monthly Consumption 🟰1,731.70 Birr
➡️ Value Added Tax 🟰259.75 Birr
➡️ Service Charge 🟰47.7 Birr
➡️ Service Charge Value Added Tax 🟰7.155 Birr
➡️ Regulatory Authority Fee 🟰 8.897 Birr
➡️ TV License Fee to Ethiopian Broadcasting Corporation 🟰 10 Birr

✅ Total Amount

🟰2065.202 Birr (Two Thousand Sixty-Five Birr and 202 Cents) The Customer will pay