Cost benefit analysis of the prepayment system in Enemalta Corporation

Abstract

Production of electricity in Malta is catered wholly by Enemalta Corporation. It is now experiencing major challenges both nationally and by the European Union on its efficiency. Enemalta should :first of all be free of any political intervention in order to be efficient. Another objective for Enemalta must be that of taking responsibility of the electricity bill payment. Enemalta has to decrease electricity consumption during the day and increase it at night in order to have a more stable demand and avoid unnecessary capital investment. Through the implementation of the prepayment meters Enemalta would be able to achieve all the objectives just mentioned. The scope of this dissertation has been to evaluate the implementation of these prepayment meters by Enemalta Corporation in domestic premises. Finally a cost benefit analysis was carried out to verify the feasibility of such an investment and assumptions made stated. Any recommendations regarding this system and its implementation were forwarded and a number of issues to be considered were highlighted.