Tag: utility tariffs
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PURC reiterates need for electricity consumers to pay for power used
The Executive Secretary of the Public Utilities Regulatory Commission (PURC), Dr. Ishmael Ackah, has reiterated the need for electricity consumers to pay for power consumed without relying on the government. Speaking at a PURC-organized tariff education event for students of Takoradi Technical University, Dr. Ackah said that the introduction of new sources of power generation…
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New taxes, tariff hikes crucial for Ghana’s bailout – IMF
The International Monetary Fund (IMF) has justified the adoption of three mobilization measures as well as the increase in utility costs as Ghana attempts to fix its balance of payment problems. Despite criticisms, the Excise Duty, Growth and Sustainability, and Income Tax Amendment laws aim to generate GHS4 billion for the country each year. These,…
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Utility tariff increase must match services provided – Consumer Protection Agency
The Consumer Protection Agency is pushing for better service delivery from utility service providers after the recent increase in tariffs takes off. Effective June, consumers will be paying extra for both the electricity and water they use as approved by the Public Utilities Regulatory Commission (PURC). But the Agency says, regulators must ensure that the…
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No new tariffs until our Board is constituted – PURC PRO
The Public Utilities Regulatory Commission (PURC), says until a new Board is constituted for the Commission, any announcement of a tariff adjustment will have to wait. Various players in the power and water supply value chains have been advocating for an upward review in tariffs to cater for their rising operational costs. This has resulted…
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Upward review of utility tariffs will adversely affect businesses – CUTS International
Civil Society Organisation, Consumer, Unity and Trust Society, CUTS International, says any upward adjustment of electricity tariffs in the country, will push businesses away from settling in the country. Their call follows a request by the Electricity Company of Ghana and the Ghana Water Company Limited for the Public Utilities Regulatory Commission to increase tariffs…
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Lifeline consumers to enjoy free power from this month
Life line customers of the Electricity Company of Ghana, ECG, can now expect to have 100% of their bills absorbed from this month till the end of the year. This follows government’s extension of an earlier three months’ subsidy on utility for consumers who consume between 0 to 50kWh per month.This is part of efforts…
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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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AGI renews pressure for lower utility tariffs
The Association of Ghana Industries (AGI), has made a fresh case for electricity tariffs to be reduced and render them competitive. The AGI says the high cost of utility still hampers the efforts of its members to expand their businesses and employ more people. “The apparent silence by businesses in the last few months on…