Electricity tariff to up by 220 per cent

The Weekend Agenda carries that electricity tariff is to go up by 220 per cent if the Public Utilities Regulatory Commission (PURC), agrees to proposals from the Volta River Authority (VRA) to increase tariffs, This is to enable VRA to import crude oil to run Ghana’s thermal plants.

According to Dr Charles Wereko-Brobby, Chief Executive of VRA this has become necessary due to the low level of water in the Akosombo Dam, and mounting debts resulting in threats by Ivory Coast to cut off power supply to Ghana.

Speaking at a press conference in Accra on Friday, Dr Wereko-Brobby said while the cost of electricity generation and supply is ?432 per Kilo watt/hour, Ghanaians only pay ?194 per kilowatt/hour.

To avert the electricity crisis of 1998, he said Ghanaians have to pay economic price for electricity consumption. “Even though the lake level is low, there should be no panic, there will be supply of power, so long as the public keep their side of the bargain by paying the right price for electricity,” he told the conference.

Source: GhanaWeb

You may like

Peter Turkson

Ghana’s Peter Turkson among key contenders as Vatican eyes next pope

Chop bar

Foreign aid fails Ghana’s chop bar workers, new findings reveal

Qatar opens Quran centre in Accra

Qatar-funded Al-Mustafa Mosque opens in Accra as new centre for worship and Quranic studies

Ghana military leaders in Zimbabwe

Ghana military delegation tours Zimbabwe’s model waste facility

Ghana's economy is recovering

Ghana’s inflation eases again as stronger cedi boosts economic recovery

Ekperikpe Ekpo

Nigeria’s Ekpo elected to lead West African gas pipeline committee, vows to prioritise Ghana’s supply needs

WP Radio
WP Radio
OFFLINE LIVE