REF gets its funding from a levy paid by all electricity consumers and funds appropriated by government through annual budgetary allocations. In addition, REF’s commercial unit carries out commercial projects for institutions like mines and communication base stations among others. The money raised from the commercial activities complements levy.
Sources of funds:
- 6% levey on all ZETDC electricity sales.
- Fiscus Customer contribution (50-50 scheme; 40-60 scheme)
- Income generating activities
- Donations and grants from government, organisations, individuals