Laos: Electricity and water tariffs bills reduced for all households
The state-run Electricite Du Lao (EDL) and Vientiane Water Supply State Enterprise have cut power and water tariffs by three and five percent respectively to help people cope with the impact of the Covid-19 crisis.
The reduced tariffs, which will be valid for three months, will cost the enterprises billions of kip in revenue losses.
EDL is offering the cut for May, June and July, which will result in the enterprise losing more than six billion kip in revenues every month, its Managing Director, Chanthaboun Soukaloun, told the local media during the weekend.
Though the cut does not amount to a huge reduction, it is a contribution being made by EDL to help people overcome the impacts of the pandemic, he said.
