Tag Archives: PURC

Businesses track ECG on reimbursement promise

Businesses are expecting that the Electricity Company of Ghana (ECG) would live by its assurance of implementing the reduction in electricity tariffs from the 1st of April as announced. Even though the reduction has been initially scheduled to take effect today, ECG maintains consumers should see it reflect from next month due to the monthly billing system. According to the PURC, ...

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NEDCo, others to comply with tariff reduction amidst discontent

The Northern Electricity Distribution Company,NEDCO,and other stakeholders in the power sector, have stated their readiness to comply with the PURC’s directive announcing tariff reduction, although their expectations were not met. The utility regulator on Monday, March 5, 2018, announced that it has reduced electricity tariffs between 10 and 30 percent for the various categories of consumers. The development also followed ...

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Tariff reduction could take us back to ‘dumsor’ – Bawa

National Democratic Congress Member of Parliament for Bongo, Edward Bawa, has expressed fears that the reduction in electricity tariffs could plunge the country into another power crisis. Mr. Bawa, who once worked at the Energy Ministry at the peak of the power crisis in the previous NDC administration, believes the reduction compromises the revenue projections for utility providers and power generators ...

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Gov’t didn’t force us to reduce tariffs – PURC

The Public Utilities Regulatory Commission (PURC), has downplayed suggestions that it was forced by the government to reduce electricity tarrif. The Commission on Monday announced a massive reduction in power tariff for businesses and residential facilities two months after President Akufo-Addo indicated the government will ensure an average of 14% reduction in electricity tariffs for non-residential users in the country. But ...

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Reduced tariffs: Mining firms to save 3 million dollars annually

Businesses particularly those in the mining sector, are expected to save millions of dollars to be channeled into other investments to grow their companies following the reduction in electricity tariffs. The Public Utilities Regulatory Commission (PURC), on Monday, March 5, 2018, announced that electricity tariffs will go down between 10 and 30 percent for various categories of consumers. The decision ...

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PURC reduces electricity tariffs; 17.5% for homes, 30% for businesses

The Public Utilities Regulatory Commission (PURC), has announced a general reduction in electricity tariffs effective March 15, 2018. Residential customers per the new tariff cuts are to enjoy a 17.5% reduction, while non-residential customers will see tariffs cut by 30%. Those in the mining sector have also been given a 10% tariff cut, and 25% cut for Special Load Tariff ...

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Don’t be bullied into excessive tariff reductions – Bawa to PURC

Edward Bawa

A member of Parliament’s Mines and Energy Committee, Edward Bawa has advised the Public Utilities Regulatory Commission (PURC) not to yield to any pressure from government to reduce tariffs beyond realistic margins. Mr. Bawa also encouraged the PURC to withstand what he termed as “bullying” from government and put the interest of the country ahead of political interest with regards ...

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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 Utilities 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 industrial and residential users. But information ...

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Gov’t reaffirms reduced tariffs despite high proposals


Government is optimistic of a reduction in the cost of electricity for the rest of this year. The optimism comes despite proposals for an increase in utility tariffs by service providers. This also follows a stakeholders’ forum ahead of the announcement of new tariffs by the end of this month. The average 14 percent reduction in the cost of electricity ...

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PURC meets key stakeholders on tariff reduction

The Public Utility Regulatory Commission (PURC) is set to meet key stakeholders today – February 12, 2018, over the proposed reduction in electricity tariffs. The stakeholders expected at today’s meeting include the Association of Ghana Industries (AGI). Today’s meeting is among the numerous negotiations to determine the reduction in tariffs for businesses. This is also in fulfillment of government’s plan ...

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