Tag: utility tarrifs
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AGI urges Govt. to effect favorable business policies
The Association of Ghana Industries (AGI) is calling on government to ensure policies implemented do not stagnate macro-economic growth in the country. This call comes on the back of the implementation of the upward quarterly tariff adjustment by the Public Utility Regulation Commission on February 1. Speaking at a media briefing in Accra, the Chief…
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ECG proposes 148% increase in electricity tariff for 2022
The Electricity Company of Ghana wants tariffs to be increased by 148% for 2022 and with 7.6% average adjustments between the periods of 2023 to 2026. The sharp proposed increment, according to ECG, is due to the gap between the actual cost recovery tariff and PURC-approved tariffs as well as the cost of completed projects.…
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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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Industry demands drop in utility tariffs by January end
Among the numerous reliefs promised Ghanaians by government for this year is the reduction of power tariffs. The decision follows various complaints by Ghanaians over the high cost of power resulting in the high cost of doing business. The news of a reduction in power tariffs came as a positive one especially to many industries…