Govt to provide affordable tariff rates to consumers in 2018

Accra, The Government has made recommendations to the Public Utilities Commission to reduce electricity tariffs for consumers, next year.

When accepted, Residential; Non Residential; and Special Load Tariff- Low Voltage consumers would all see a reduction of 13 per cent in their tariffs, while Special Load Tariff -Medium Voltage consumers would get 11 per cent reduction.

Special Load Tariff -High Voltage consumers would see a 14 per cent reduction in their tariff, while High and Voltage Mines would get a reduction of 21 per cent.

Mr Ken Ofori-Atta, the Minister for Finance, announced this in the 2018 Budget Statement and Economic Policy, on the theme: Putting Ghana Back to Work, to Parliament, in Accra, on Wednesday.

He said to give relief to the poor whose individual consumption actually fell in the subsidised life-line category, but lived in compound houses, the existing 4-tier tariff classification of residential consumers would be collapsed into Lifeline and Non-Lifeline consumers in phases.

He said during the 2016 Election Campaign, the then Candidate Nana Addo Dankwa Akufo-Addo, promised Ghanaians that with prudent management of the economy, an NPP Government would ensure that electricity tariffs were reduced.

In 2018, efforts will be geared towards keeping the lights on at affordable rates to consumers, particularly, industries and small businesses through reform and policy interventions over a two-year period, he said.

It said the electricity tariff structure will be realigned with the Government’s developmental goals of industrial transformation, growth and job creation.

On renewable and alternative energy development, he said, in line with the Ministry’s goal of increasing the penetration of renewable energy in the energy mix and the promotion of distributed solar power for government and public buildings, the Ministry would embark on an Ministry, Department and Agency Solar Rooftop Programme dubbed: Government goes Solar to reduce Government’s expenditure on utilities.

Source: Ghana News Agency