Cost of Power: Electricity tariff reduction takes effect today

The Public Utilities Regulatory Commission (PURC) last month announced a power reduction of 17.5% for residential, 30% for non-residential,...

The Public Utilities Regulatory Commission (PURC) last month announced a power reduction of 17.5% for residential, 30% for non-residential, 25% for SLTs and 10% for the mines on energy consumption only.

Government's decision to review electricity tariffs by an average of 30 percent will take effect today [April 1.]

READ MORE: NPP government extends Karpower deal by 10 years

The Public Utilities Regulatory Commission (PURC) last month announced a power reduction of 17.5% for residential, 30% for non-residential, 25% for SLTs and 10% for the mines on energy consumption only.

The decision to reduce electricity cost was taken after the PURC held an extensive stakeholder consultation, detailed technical analysis of utility tariff proposals and consideration of inputs and concerns of consumers.

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.

COMMENTS

Name

Education,5,Entertainment,109,Event,1,finance,5,Ghana News,112,health,26,Hot Posts,52,Latest Nigerian News,343,News,17660,Newssplashy Tips,69,politics,23,sports,33,Stories,5,Technology,19,Video,4,World News,40,
ltr
item
NigeriaNews | Latest Nigerian News,Ghana News,News,pulse, and Latest News In Ghana In a Splash: Cost of Power: Electricity tariff reduction takes effect today
Cost of Power: Electricity tariff reduction takes effect today
https://static.pulse.com.gh/img/incoming/crop8192197/8625295695-chorizontal-w1600/Electricity-Cost.jpg
NigeriaNews | Latest Nigerian News,Ghana News,News,pulse, and Latest News In Ghana In a Splash
https://www.newssplashy.com/2018/04/cost-of-power-electricity-tariff.html
https://www.newssplashy.com/
https://www.newssplashy.com/
https://www.newssplashy.com/2018/04/cost-of-power-electricity-tariff.html
true
2577610654942866673
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy