How many people use EPC electricity in Samoa?

As mandated to generate, distribute and sell electricity supply to all of Samoa, the EPC has connected up to 99% of Samoa’s population. EPC has on record a total of 39,033 customers, using postpaid and prepaid electricity.

What has the EPC done for Samoa?

To date, works continue for further developments of its existing generation and distribution network. As mandated to generate, distribute and sell electricity supply to all of Samoa, the EPC has connected up to 99% of Samoa’s population. Increased access by all people of Samoa, to quality and affordable electricity supply.

What is the balance at year end of Samoa's power sector expansion?

n balance at year end are as follows:The main Financing Agreement is between the Government of Samoa and the Asian Development Bank. Total repayable borrowings as part of the Power Sector Expansion Pr ect amount to $US85 million dollars. EPC counterpart financing is funded fro

Does Samoa have a tariff reform plan?

ctricity infrastructure across Samoa. During 2020, tariff reform continued with a view of improving the structure of tariffs for the 100 largest industrial and commercial consumers although the Hospitality sector was granted 50% fixed rate tariff as well as $.10 sene per KWh reduction as part of the

What is considered below the market rate of interest in Samoa?

. Below the market rate of interest The interest rate of 2% on borrowings from the Government of Samoa is considered “Below the Market rate of interest” in terms of International Accounting Standards (IAS) 20 and IAS 39 which requires all loans to be recognized and measured at fair value, thus requiring interest to be imputed to loans