Audio By Carbonatix
The Public Utilities Regulatory Commission (PURC) has announced that electricity tariffs shall remain the same until the end of the second quarter of 2019 (June 30, 2019).
According to a statement from the PURC, “the Commission’s decision on tariff changes will be announced in due course, to be effective July 1, 2019.”
“The Commission’s decision is due to critical emerging issues in the sector which are expected to affect the final tariff setting. Amongst others, the emerging issues are related to the planned relocation of the Karpowership Plant resulting in fuel switch savings, from Heavy Fuel Oil (HFO) to Natural Gas.”
The statement added, “Secondly, reductions in the price of natural gas are anticipated due to ongoing negotiations by the government. These matters are outside the purview of PURC but their outcomes are likely to have a measurable impact on the Commission’s decision.”
The PURC said in the interim, it will also closely monitor the operations of Power Distribution Services (PDS) Ghana Limited, which is expected to take over the operation of ECG assets on February 28, 2019.
This is to establish PDS’ actual operational cost and any other efficiency gains in the running of the distribution network by PDS.
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.
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
-
Russian sex video: Diplomacy alone not enough, Ghana must reinforce internal security – Effia MP
10 seconds -
GHS condemns attacks on staff, pledges enhanced security measures
8 minutes -
Ghana must strengthen cybersecurity amid online exploitation concerns – Gloria Amenu
30 minutes -
Demand TikTok remove explicit videos of victims – Gloria Amenu urges gov’t
57 minutes -
Gender Ministry must provide psychological care for exploited women – Gloria Amenu
1 hour -
Trump lashes out at Supreme Court justices over tariffs ruling
2 hours -
Refrain from mass marketing or public promotional campaigns on virtual assets – BoG to VASPs
3 hours -
Government bans land transit of cooking oil; orders crackdown on customs complicity
3 hours -
NPA engages industry stakeholders on 24-hour economy pilot in petroleum sector
4 hours -
Ablakwa outlines key bilateral agreements with Burkina Faso to boost trade, security and border cooperation
4 hours -
Ghana, Burkina Faso deepen security ties after terrorists kill 8 Ghanaians in Titao
5 hours -
Luv FM launches 7th edition of Primary Schools Quiz; pupils urged to embrace Ghanaian culture
5 hours -
Nollywood star Michael Dappa stuns fans with big chop ahead of new film role
5 hours -
NPA slams gas ‘shortage’ rumours; assures over one month’s cover
6 hours -
BoG, SEC order the removal of all crypto billboards within 48 hours
6 hours
