GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home News

Electricity Tariffs Reduced; 30% For Non-Residential

March 5, 2018
in News
Share on FacebookShare on Twitter

The Public Utilities Regulatory Commission (PURC) has announced a 17.5% reduction in electricity tariffs for residential consumers effective march 15.

You Might Also Like

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

A statement signed by executive secretary Mrs. Mami Dufie Ofori on Monday also indicated a 30% reduction for non-residential consumers, 25% reduction for Special Load Tariff consumers and 10% reduction for mines.

The review exercise, as explained in the statement, has become necessary because the commission is required by the Public Utilities Regulatory Commission Act 1997 (Act 538) to investigate the cost of production of all sources of supply of electricity to all distribution utilities and to ensure efficient and equitable tariffs as well as ensuring that tariffs are relevant to the current socio-economic environment.

The commission in its statement also indicated consumer interest, investor interest, economic development, revenue requirement, and natural gas requirement as some of the major considerations it took into account in arriving at the new tariffs.

The new tariffs structure as announced is expected to remain the same until 2019 when it is reviewed again.

The commission did not however review water tariffs.

“Review of water tariffs require further consultations and the commission is unable to announce a decision at this time,” the statement explained.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: Business economicsBusiness_FinanceCustoms dutiesdistribution utilitieseconomyelectricityelectricity tariffsExecutive SecretaryFeed-in tariffFinancial incentives for photovoltaicsInternational taxationMami Dufie Oforinatural gas requirementPricingPublic Utilities Regulatory CommissionTariffWater supplyWater tariffworld

Related News

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

Why Ghana and Nigeria Were Not Invited to the Russia-Africa Summit

by ghanastar
July 28, 2023
0

The Russia-Africa summit, which took place in St. Petersburg in July 2023, was notable for the absence of two of...

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

by ghanastar
January 2, 2022
0

The Ghana Police Service has announced the arrest of two persons in connection with the death of Julie Diane Williams,...

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

by ghanastar
December 1, 2021
0

Ghana's Paliament on Wednesday erupted into chaos with minority and majority members shoving and pushing each other. The heated confrontation...

Cedi records highest depreciation against dollar in 36 weeks

Cedi records highest depreciation against dollar in 36 weeks

by ghanastar
December 1, 2021
0

The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records...

Next Post

Former Ghana Coach Avram Grant Set To Leave Indian Side NorthEast United FC

Ex-Liverpool Midfielder Commends 'tenacious and Endeavour ' Ayew Brothers For Roles In West Ham Humbling

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com