ZETDC dismisses social media 150% tariff increase report: it is false

So recently there were reports all over social media that the ZETDC power company was going to increase their tariffs by 150% in response to the ongoing economic challenges. I presume that many people were worried about this report. While we all understand that the economy has not been favorable to local businesses, increase the tariffs would cripple many individuals financially as there was little or increase of their incomes. So does that mean ZETDC is not going to increase the tariffs any time soon no matter the direction that the economy takes? Here is their full statement.

ZETDC dismisses social media 150% tariff increase report: it is false

So recently there were reports all over social media that the ZETDC  power company was going to increase their tariffs by 150% in response to the ongoing economic challenges. I presume that many people were worried about this report. While we all understand that the economy has not been favorable to local businesses, increase the tariffs would cripple many individuals financially as there was little or increase of their incomes. So does that mean ZETDC is not going to increase the tariffs any time soon no matter the direction that the economy takes? Here is their full statement. 

There has been a lot of fake news on social media on many topics recently. People should know what to share and what not to share on social media.