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Tag Archives: PURC

New electricity bills to start with second purchase in April – ECG

It is emerging that the much anticipated reduction in electricity tariffs may take a bit longer than expected. This is because the Electricity Company of Ghana (ECG) has explained that the reduction will only reflect on the bills of consumers when they make their second purchase of credit for electricity for April. The latest also follows the shift of the ...

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ECG tariff reductions take effect today

Residential consumers of electricity will from today [1st April 2018] pay 15 percent less than the tariff they previously paid. This is due to the full implementation of the recently announced electricity tariff reduction from residential and non-residential power users in the country. The Public Utilities Regulatory Commission (PURC) in March announced a reduction in electricity tariffs of between 17 ...

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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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