Tag: electricity tariff
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CUTS International justifies calls for review of utility tariffs
Think tank, Consumer Unity and Trust Society (CUTS) International, has backed the push for a review of utility tariffs by the Electricity Company of Ghana and the Ghana Water Company Limited. The Think Tank, however, maintains that there is the need to speedily address the inefficiencies within the system to make the companies sustainable. CUTS…
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Ghana Employers Association appeals to gov’t to reduce electricity tariffs
The Ghana Employers Association (GEA) has made an appeal to the government to reduce the non-domestic electricity tariffs to help boost industrial growth in the country. According to its President, Dan Acheampong the Association was pleased to note that the reduction in electricity tariffs in March 2018, particularly for industry, was a welcome development. He…
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ECG rolls out tariff reduction from today
From today, April 1, 2018, consumers should be paying less for the electricity they consume as the ECG begins the implementation of the reduction in tariffs announced in March this year. The Public Utilities Regulatory Commission (PURC) on March 5, 2018, announced a reduction in electricity tariffs of between 17 and 30 percent for residential…
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PURC reduces electricity tariffs; 17.5% for homes, 30% for businesses
The Public Utilities Regulatory Commission (PURC), has announced a general reduction in electricity tariffs effective March 15, 2018. Residential customers per the new tariff cuts are to enjoy a 17.5% reduction, while non-residential customers will see tariffs cut by 30%. Those in the mining sector have also been given a 10% tariff cut, and 25%…
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Gov’t reaffirms reduced tariffs despite high proposals
Government is optimistic of a reduction in the cost of electricity for the rest of this year. The optimism comes despite proposals for an increase in utility tariffs by service providers. This also follows a stakeholders’ forum ahead of the announcement of new tariffs by the end of this month. The average 14 percent reduction…
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AGI meets PURC over tariff reduction
The Association of Ghana Industries (AGI) wants regulators in the power sector to clamp down on illegal users of electricity in order to reduce the rising operational losses. The AGI believes this should afford stakeholders the opportunity to reduce the tariff for genuine users. The comment follows negotiations with the Public Utility Regulatory Commission (PURC)…
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2018 budget to set motion for tariff review
Businesses should expect to see an adjustment in their cost of electricity at least beginning in 2018. It follows government’s plans to review the current tariff system for industries. President Akufo Addo who disclosed this says the Finance Minister, Ken Ofori Atta would announce details of this when he presents the 2018 budget to Parliament…