Tag: PURC
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ACEP demands clarity on basis for reducing electricity tariffs
The African Center for Energy Policy (ACEP) is urging the Public Utilities Regulatory Commission (PURC) to provide details on factors that influenced the margin of reduction in electricity tariffs. ACEP argues its analysis proves that only the transmission service charge has been reduced while the bulk generation and distribution service charges have gone up for…
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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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Businesses track ECG on reimbursement promise
Businesses are expecting that the Electricity Company of Ghana (ECG) would live by its assurance of implementing the reduction in electricity tariffs from the 1st of April as announced. Even though the reduction has been initially scheduled to take effect today, ECG maintains consumers should see it reflect from next month due to the monthly…
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NEDCo dissatisfied with utility tariff reduction
The Northern Electricity Distribution Company (NEDco) has expressed its reservation at the decision by the Public Utilities Regulatory Commission (PURC) to reduce electricity tariffs for consumers, effective March 15, 2018. The power distributor however says it is ready to comply with the PURC’s directive. The utility regulator on Monday, March 5, 2018 announced that it has…
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Reduced tariffs: Mining firms to save 3 million dollars annually
Businesses particularly those in the mining sector, are expected to save millions of dollars to be channeled into other investments to grow their companies following the reduction in electricity tariffs. The Public Utilities Regulatory Commission (PURC), on Monday, March 5, 2018, announced that electricity tariffs will go down between 10 and 30 percent for various…
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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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Electricity tariffs to drop below govt’s proposed 14%
Citi Business News is learning that government’s proposed reduction in electricity tariffs for consumers may not yield much as expected as the Public Utility Regulatory Commission (PURC), finalizes its tariff adjustment for this year. Government in the 2018 budget suggested that it is working to reduce tariffs by some 14 percent on the average, for…
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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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Utility service providers demand 200% increase in tariffs
Utility service providers in the country are demanding an upward adjustment in their tariff, despite assurances given by the President to reduce electricity tariff. The utility companies, at a meeting the Public Utility Regulatory Commission (PURC) in a Joint Consultative forum in Accra, wanted tariffs increased by about 200 percent. Speaking to Citi Business News, the…
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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…