• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Thursday, May 26, 2022
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

Timing for proposed increment in electricity tariffs wrong – Consumer Protection Agency

byBenjamin Aklama
April 12, 2021
Reading Time: 1 min read
Kofi Kapito

Kofi Kapito

ShareShareShareShare

The Chief Executive Officer of the Consumer Protection Agency, Kofi Kapito, says any possible increment in electricity tariffs would be ill-timed.

Though he acknowledged the need for an increase in tariffs, he has instead urged the Public Utility Regulatory Commission (PURC) to focus on seeking compensation for customers who have lost electrical gadgets due to the recent erratic power supply.

“The timing is very wrong considering what the Ghanaian is going through when it comes to these recent power outages. The outages are the concern of the Ghanaian. I think if the outages are solved or resolved, we can look at these non-tariffs that ECG is proposing,” Mr. Kapito said in a Citi News interview.

“PURC [Public Utilities and Regulatory Commission] should actually look at what has gone on with the recent power outages as to how they will compensate Ghanaians who might have their appliances destroyed,” he added.

The request for an increase in tariffs has come from the Electricity Company of Ghana (ECG).

In the midst of the current trend of intermittent power supply, ECG, says it needs an increment in its tariffs to aid its operational activities.

The last increment in electricity tariffs was in October 2019.

The Public Utilities Regulatory Commission oversaw a 5.94% increment in the tariffs.

It used the automatic adjustment formula to determine the real cost of electricity.

Factors like the Ghana Cedi-US dollar exchange rate, inflation, demand forecast and electricity cost accounted for that increment.

The current proposal will only materialise after approval from the Public Utilities and Regulatory Commission.

ShareTweetSendSend
Previous Post

A/R: Kumasi residents kick against ECG’s proposal for tariff increment

Next Post

LPG marketers urge government to reconsider increase in gas prices

Related Posts

Top Stories

Five persons dragged to court for assaulting ECG staff

May 19, 2022
Business

Samuel Dubik Mahama appointed new MD of ECG

May 16, 2022
Ben Boakye
Top Stories

Increasing tariffs not a silver bullet for sector challenges – Ben Boakye

May 14, 2022
News

‘We incurred over $860M in forex losses in 2021’ – ECG

May 12, 2022

ECG justifies 148% tariff increase proposal; says it’s operating at high loss

May 11, 2022
Top Stories

High tariffs not sole solution to problems of utility companies – ACEP

May 11, 2022
Next Post
File photo

LPG marketers urge government to reconsider increase in gas prices

TOP STORIES

‘The money is sitting in our account’ – Adutwum on $1.2M World Bank cash

May 26, 2022

Special Prosecutor probes Sir John’s alleged unlawful acquisition of state lands

May 26, 2022

‘I’ll return to serve my people, I’m taking care of my son in US’ – Adwoa Safo

May 26, 2022
Load More
ADVERTISEMENT
Citinewsroom – Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2021 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos

© 2021 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT