Audio By Carbonatix
Electricity tariffs are expected to go up by the end of the year as the energy situation improves.
Mr. Kwame Pianim, the chairman of the Public Utility Regulatory Commission (PURC), has disclosed that government would remove subsidies on electricity by the end of the year to make way for the entry of the private sector in power generation.
Mr. Pianim was speaking to Joy News on Tuesday.
He said even though he is not very sure of the extent of increase, he thinks the difference would be an upward adjustment of about 20%.
He told Joy News that last year when government wanted to adjust the price upwards the cost was shifted to industry, but this time round to achieve full cost recovery for the electricity sector, the cost would be passed on to the consumer.
Meanwhile, the operation of emergency plants at Tema is expected to boost the energy supply needs of the country and hopefully end the black outs.
It has been exactly one year today, August 28, when the Volta River Authority (VRA), announced the nationwide power outages.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Kenyans dominate 2026 KGL Millennium Marathon as race champions mental health
28 seconds -
NaCCA trains teachers to implement new Chinese language curriculum
2 hours -
Ghana, China deepen cooperation on galamsey and mining sector
2 hours -
JoyNews–Republic Bank Habitat Fair ends on a high note after 3 days of strong patronage, expert engagement
2 hours -
Emma Ofosua takes West African spoken word to three UK cities
3 hours -
Traditional artists will become more expensive because of AI – Aewura Arts
3 hours -
Clients would disappear after I finished their artworks – Aewura Arts recounts challenges
3 hours -
Turkish police detain dozens in raids on gay bars and homes of LGBTQ+ activists
3 hours -
Trump doubles down on united Ireland comments on day two of visit
3 hours -
Best friends for decades – until a DNA test revealed they were sisters
3 hours -
Russia hits Ukrainian train shortly after Boris Johnson and top European officials leave station
3 hours -
GPL 2026/27: Berekum Chelsea record first win with 3-1 victory over Dreams FC
3 hours -
GPL 2026/27: Kotoko beat Heart of Lions to end decade-long winless run
3 hours -
GPL 2026/27: Hearts of Oak come from behind to beat GoldStars
3 hours -
Construction of new Wa airport to commence soon – Mahama assures
3 hours