Tag: electricity tariffs
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‘We had no choice’ – PURC justifies 18.36% electricity hike
The Public Utilities Regulatory Commission (PURC) has justified the 18.36 percent tariff increment announced on electricity and natural gas. According to the Commission, the decision was taken after its Quarterly Tariff Review meeting for the second quarter of the year 2023. The PURC blamed the depreciation of the cedi, inflation, electricity generation mix, and the…
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PURC increases electricity tariff by 18.36%
The Public Utilities Regulatory Commission (PURC) has increased tariffs for electricity and natural gas by 18.36% across the board for all consumer groups. The decision was taken after a review for the second quarter of 2023. PURC in a statement explained that the decision was taken to balance the prevention of extended power outages and…
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ECG proposes increment in electricity tariffs
Ghanaians might soon be paying more for electricity as the Electricity Company of Ghana (ECG) is proposing an increment in tariffs. The Company says it needs more funds to support its operational activities, hence the request. The Managing Director of the company, Kwame Agyeman-Budu at a public forum on Thursday, April 8, 2021, said while…
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Electricity tariffs must go down despite Government’s relief to consumers – CUTS Ghana
Research and Public Policy Think Tank, CUTS Ghana, which has petitioned the Public Utilities Regulatory Commission,(PURC) to reduce electricity tariffs to reflect the current cost of generation, says the call is valid despite the newly announced interventions by government. Lifeline consumers of electricity are to enjoy free power for three months, whereas all other consumers…
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IPPs call for removal of ‘unnecessary’ taxes on electricity tariffs
Independent Power Producers (IPPs) in the country have called on government to review taxes and levies imposed on electricity to bring some relief to consumers. According to the IPPs, the numerous levies slapped on electricity tariffs in Ghana has made the industry uncompetitive, over-burdening industry and households. In a statement sighted by Citi Business News,…
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Reduce electricity tariffs to reflect current production cost – CUTS Ghana to PURC
A Research and Public Policy Think Tank is calling on the Public Utilities Regulatory Commission (PURC) to review electricity tariffs for all classes of electricity consumers to reflect the current cost of generation in the electricity power mix. “In the light of the falling prices of the key input fuel for power generation on the…
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PURC maintains utility tariffs for 3rd quarter
The Public Utility Regulatory Commission (PURC) has maintained the electricity and water tariffs for the third quarter of this year [2018]. This means that between July and September this year, consumers will pay the same tariffs for electricity and water they purchase. A statement from the PURC to Citi Business News said it decided not…
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PURC meets key stakeholders on tariff reduction
The Public Utility Regulatory Commission (PURC) is set to meet key stakeholders today – February 12, 2018, over the proposed reduction in electricity tariffs. The stakeholders expected at today’s meeting include the Association of Ghana Industries (AGI). Today’s meeting is among the numerous negotiations to determine the reduction in tariffs for businesses. This is also…