The Ethiopian Electric Utility (EEU) announced it collected over $245.6 million (7.18 billion birr) from the sale of electrical energy during the Ethiopian fiscal year which ended on July 7, 2019.
The Ethiopian Electric Utility has reported collecting Birr 52.26 billion from energy sales and miscellaneous income during the first six months of the 2025/26 fiscal year, achieving 96 percent of its planned target.
The Ethiopian Electric Utility (EEU) is making significant strides in expanding electricity access and modernizing its services. As of the 2023/2024 fiscal year, the number of EEU customers has reached 4,615,787, reflecting a net gain of 257,188 new customers connected in just eight months.
Ethiopian Electric Utility (EEU) announced its plans to increase its customers to 7.5 million in 2030. The company’s Chief Executive Officer, Shiferaw Telila, stated that EEU was also working to expand its supply coverage and provide electric supply across entire country by 2030. In order to achieve this plan, EEU aims to modernize its infrastructure, provide customer-oriented services, and build a reliable financial capacity.
Ethiopian Electric Utility has laid a foundation stone for the building of its 36-storey headquarters. The building, to be built at an estimated cost of 1.2 billion birr, rests on 4,500m2 and takes four years to complete.
