Coronavirus company news summary – Virginia plans to write off power utility customers’ debts – Africa electricity developments slowed by Covid-19

21 October 2020 (Last Updated October 21st, 2020 10:24)

21 October

Power utility customers in the US state of Virginia, who defaulted on their payments for at least a month, will have their debts cancelled through the federal Covid-19 relief funds. The write-off is subject to the governor retaining the existing language in the budget bill. The state’s utility companies, except Dominion Energy, will have access to $100m worth relief funds, which will be disbursed by the State Corporation Commission.

The coronavirus pandemic has left several people without access to electricity in Africa for the first time in almost a decade. The progress made by the country in electrification is expected to be reversed due to the pandemic according to a report from the International Energy Agency (IEA). The pandemic cast a shadow over Africa’s health and economic sectors, leaving major utilities without access to resources required to enhance electricity access in the region, the report stated.