Cost of Power In Ghana Gov’t reduces ECG tariff; 30% For Industry, 17% For Non-Residential

Per the summary of the approved percentage reductions, residential consumers will enjoy 17.5% reduction with Non-Residential consumers enjoying 30%.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

The Public Utilities Regulatory Commission (PURC) has announced that electricity tariff has been reduced.

In a statement signed by the Executive Secretary of PURC, Mrs. Mami Dufie, said that the decision to reduce electricity tariff was taken after they held an extensive stakeholder consultation, detailed technical analysis of utility tariff proposals and consideration of inputs and concerns of consumers.

Per the summary of the approved percentage reductions, residential consumers will enjoy 17.5% reduction with Non-Residential consumers enjoying 30% with Special Load Tariff Customers and Mines enjoying 10% respectively.

However, the commission did not review water tariffs.

The statement explained that the “review of water tariffs require further consultations and the commission is unable to announce a decision at this time.”

READ ALSO: MP’s demand February salary

The reduction takes effect on March 15, 2018.

The PURC said the key objectives in the tariff review were “to ensure efficient and equitable tariffs and to ensure that tariffs are relevant to the current socio-economic environment.”

Many Ghanaians have raised concerns over the cost of power since President Akufo-Addo assumed office.

READ ALSO: Energy Ministry to light up cities

This is because he promised to reduce utility tariffs during the 2016 campaign and elections which he won.

In the 2018 budget government promised to reduce utility tariff in order to reduce the financial burdens in Ghanaians.

We are determined to move Ghana beyond aid - Bawumia

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Importing Frozen Chicken Government ‘bans’ importation of frozen chickenbullet
2 Banking In Ghana 705,000 depositors to lose GHC740m – BoG Governorbullet
3 Defamation Suit Ibrahim Mahama sues Owusu Bempah, UTV for GHc2m over...bullet
4 World Water Day Ghana to soon import waterbullet
5 Ponzi Scheme Thousands of Ghanaians lose millions to Savana...bullet
6 Unibank Takeover Kofi Amoabeng says takeover of uniBank is...bullet
7 Dumsor Shut down my machines and ‘dumsor’ will be back – Mahamabullet
8 Taxes In Ghana VAT on condoms and 63 other commodities removedbullet
9 BOG Unibank drops arbitration plans over BoG takeoverbullet
10 Menzgold Ghana Don't deposit money with Menzgold – BoG...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 Plane Crash Starbow suspends operations following plane crashbullet
4 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
5 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
6 Entrepreneurship How To Get Ready To Get Started | StartUpSchoolbullet
7 Support Finance minister buys Kantanka carbullet
8 Entrepreneurship How to be resourceful as an entrepreneurbullet
9 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
10 Bozoma Saint John 10 quotes from Uber top official,...bullet