The Public Utility 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%.
This was contained a statement issued by the PURC. The mining sector have been given a 10% tariff cut and 25% cut for Special Load Tariff Customers (LV, MV & HV)
Statement which signed by the Executive Secretary of PURC, Mrs. Mani Dufie Ofori said, “The PURC after extensive stakeholders’ consultations, detailed technical analysis of utility tariff proposals and consideration of inputs and concerns of consumers, has approved tariff reductions for various electricity consumer categories, effective 15th March 2018.”
The Commission received tariff proposals from the utility service providers in the electricity sectors namely, Ghana Grid Company Limited (GRIDCo), Electricity Company of Ghana (ECG), Northern Electricity Distribution Company (NEDCo), Enclave Power Company Limted (EPCL) and the Ghana Water Company Limited (GWCL), ” the statement added.
The statement said the decision was reached atfter an extensive consultations with stakeholders in the sector, as well as detailed analysis of proposals tendered in by companies in the power distribution chain.