Energisa Group’s captive and free electricity consumption (2,877.1 GWh) rose 3.0% in July 2019 over the same period last year. If uninvoiced sales are included, the volume changes to 2,836.6 GWh, an increase of 2.2% in the same period.
The performance in the month was primarily due to higher energy consumption by the residential (+5.9%), commercial (+5.7%) and rural (+2.0%) sectors.
EMT and EAC excelled amongst distribution companies, with the greatest changes in July (Captive Sales + TUSD) since 2013 and 2015, respectively. All companies experienced growth in residential consumption in July, except for ESS, impacted by the shorter calendar and mild weather. The best results were seen at EMT (+9.5%) and ETO (+11.9%). EMT achieved the greatest residential growth in July since 2013, resulting in higher temperatures in the concession area, while ETO’s growth was affected by the billing calendar. Commercial consumption grew by 5.7% (30.2 GWh), primarily due to the increases experienced by EMT of 6.2% (8.6 GWh) and ERO of 10.4% (5.8 GWh). Whilst the weather played an important role in the performance of the sector at EMT, the greater number of consumers drove the increase at ERO. Rural consumption rose by 2.0% in the month, driven by sales in the Midwest and North. Industrial consumption contracted by 2.5%, heavily impacted by the loss of a major client from ESE to the national grid.
Energisa Group’s captive and free electricity consumption (20,772.4 GWh) rose in the first seven months of 2019 by 3.9% over the same period last year. If uninvoiced sales are included, the volume changes to 20,678.3 GWh, an increase of 4.6%.
In the period there were meaningful increases in energy consumption in the captive and free sectors in the Midwest region, with increases at 5.6% (EMT +6.1% and EMS +4.8%); the North, with growth of 3.7% (ETO +5.1%, EAC +4.4% and ERO +2.4%), followed by the South – South East region, with growth of 2.9% (ESS +3.4%, EMG +1.9% and ENF +1.0%).
Click here to read the Investor Relations Newsletter, edition August 2019.