Tag: Electricity Bills
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COVID-19 social interventions should have been targeted to make impact and reduce cost – Ken Thompson
The Chief Executive Officer of Dalex Finance, Ken Thompson, says government’s social intervention programmes aimed at bringing some relief to Ghanaians in the fight against COVID-19 would have made much impact if it was targeted at the poor. According to him, some Ghanaians do not need their utility bills to be subsidized since they’re better…
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COVID-19: Govt to spend GHS1billion on Energy Relief Package
Government is expected to cumulatively spend GHS1 billion to absorb the electricity bills of Ghanaians for April, May and June, as part of measures to offer some relief to consumers in the wake of tightened financial conditions caused by the novel Coronavirus pandemic. The package will cover over 86 percent of individual consumers and industries…
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COVID-19 challenges: Electricity subsidy to cost gov’t $450m – IES
Government’s decision to absorb the cost of electricity for consumers for three months will cost an estimated 450 million dollars. That’s according to an assessment conducted by the Institute of Energy Security, IES. President Nana Akufo-Addo in his sixth national address on the coronavirus indicated that government will fully cover the bills of low-income consumers…
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Electricity subsidy must be targeted to sustain power sector – ACEP
The Africa Centre for Energy Policy, (ACEP), has warned that government’s introduction of a complete waiver of the electricity bill of lifeline consumers of electricity and 50 percent reduction for all other consumers using March 2020 bill as the benchmark, will “endanger the sustainability of the power sector now and after the COVID-19 pandemic.” According…
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IES warns of unstable power supply if gov’t doesn’t fund power providers
Institute of Energy Security, IES, is predicting unstable power supply across the country in the coming days if government does not resource electricity service providers. President Nana Akufo-Addo, on Thursday, 09 April 2020, revealed that the government will fully cover the bills of low-income consumers of electricity for April, May and June 2020. The remaining…
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Gov’t to absorb electricity bills for lifeline consumers, others to enjoy 50% cut
Government will entirely cover the bills of low-income consumers of electricity in the country for April, May and June, President Nana Akufo-Addo has announced. According to him, other consumers who fall outside of this class will also enjoy a 50 percent reduction in the cost of electricity for the same period. Addressing the nation in…