Pulse.com.gh logo
Go


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:

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: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Illegal Operations Menzgold extends suspension of gold vault market servicesbullet
2 Illegal Operations Menzgold customer threatens to sue over principal...bullet
3 Investment banks in Ghana Top 5 investment banks in Ghana and why...bullet
4 Ponzi schemes in Ghana These investments are Ponzi schemes in...bullet
5 Kotoka International Airport GACL to move all domestic airlines...bullet
6 Ghana-Chinese Relations 6 reasons why the StarTimes deal is a...bullet
7 How to create a verified PayPal account Learn how to create...bullet
8 Retrenchment ATL sacks 200 workers, rest of staff not paid...bullet
9 Economy of Ghana Vice President Bawumia says Ghana's...bullet
10 Forensic Audit 6 state institutions misappropriate...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 Former Capital Bank staff grills pork for survivalbullet
4 Support Finance minister buys Kantanka carbullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
7 New Discovery Ghana discovers new mineral, lithium in...bullet
8 Plane Crash Starbow suspends operations following plane crashbullet
9 Selorm Adadevoh MTN CEO dances Agbadzabullet
10 Bozoma Saint John 10 quotes from Uber top official,...bullet

Business

X
Advertisement