Pulse.com.gh logo
Go


Power Charges President Mahama denies introducing electricity subsidies

On Monday July 4, 2016, the Electricity Company of Ghana issued a statement announcing the implementation of “Utility relief” to consumers.

  • Published: , Refreshed:

President John Mahama says government has not introduced subsidies on electricity.

play President Mahama
 

On Monday July 4, 2016, the Electricity Company of Ghana (ECG) issued a statement announcing the implementation of “Utility relief” to consumers.

The new reckoner incorporates the directive for ECG to make the applicable electricity rate for 0-50 units of consumption inclusive so that all residential customers will enjoy the rate for lifeline customers. It also provides a subsidy which is energy based for industrial and commercial customer,” the statement added.

play President Mahama

 

Speaking on Wednesday at the Independent Square to mark this year’s Eid al-Fitr, president Mahama said the ECG is merely realigning the billing system to make it easier for consumers to know the amount of power they are consuming.

He says the new directive will ensure transparency in the billing system and bring some relief in terms of bills consumers pay.

“It is not a subsidy,” president Mahama said. “It is a realignment of the billing system that makes it possible for us to be able to know how much we are spending on electricity.”

play Prez Mahama in a chat with the Chief Imam

 

He added: “They [ECG] have done a realignment of their billing system and I believe that people can begin to see some relief in terms of the bills they were paying. The bills have been made more transparent so that you can tell with every unit you buy how much the value of the unit is.”

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 Breaking Otabil finally breaks silence on banking controversiesbullet
2 Capital Bank Collapse Here are the roles of a non-executive board chairbullet
3 Bank Collapse Capital Bank Board misused GHC 610 million from BoG –...bullet
4 Investment banks in Ghana Top 5 investment banks in Ghana and why...bullet
5 Collapse Bank Here’s what former staffs of Capital Bank are...bullet
6 Nana Appiah Mensah Menzgold boss apologises to BoG after...bullet
7 Banks Collapse Accounts of defunct Royal Bank managers frozenbullet
8 IMANI Boss Attacking Otabil over Capital Bank collapse...bullet
9 Banking Issues "Collapsed banks didn't fail; they were...bullet
10 Collapsed Banks Here are the auditing firms for the 7...bullet

Top Videos

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

Business