The Cabo Verde government expects to disburse up to €4.8 million to compensate electricity concessionaires for revenue lost as a result of tariff discounts applied between September and December 2026, according to Lusa.
“The maximum estimated amount of financial compensation owed to concessionaires for unrecovered revenue resulting from the application of the discounts is set at €4.8 million, for the period from September to December 2026,” reads a dispatch published in the Official Gazette.
The compensation will be funded by the state through allocations provided for in the 2026 Supplementary Budget, earmarked to finance measures aimed at reducing the impact of electricity tariff increases, up to the limit of available resources.
Between 1 September and 31 December, beneficiaries of the social electricity tariff will remain exempt from the tariff increase, receiving a 100% discount. For all other consumers, a 70% discount will be applied to the tariff increase.
The discounts cover customers of the two companies holding public electricity service concessions: the Empresa de Distribuição de Electricidade de Cabo Verde (EDEC) and Águas e Energia da Boa Vista (AEB).
The Agência Reguladora Multissectorial da Economia (ARME), the country’s multisectoral economic regulator, will be responsible for monitoring the application of the discounts, calculating on a monthly basis the value of revenue not collected by the companies and reporting the results to the government.
The discounts and the maximum compensation amount may be revised or suspended by government decision, depending on developments in the country’s energy, economic, and fiscal situation.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/2026/09/02/mundo/africa/cabo-verde-descontos-na-electricidade-vao-custar-48-me-ao-estado/
