ECG revises tariff; introduces subsidies

By | July 4, 2016

Business News of Monday, 4 July 2016

Source: citifmonline.com

2016-07-04

New ECG Prepaid Meters File photo

The Electricity Company of Ghana (ECG) has revised utility tariffs in the country.

The company has in the new tariffs introduced the subsidies that were approved by Parliament earlier this year [2016].

A statement from the company said: “the Electricity Company of Ghana Limited wish to inform their cherished customers that the utility relief by Government of Ghana is being implemented and therefore the ‘reckoner’will guide Customers on money paid and the corresponding units to customers.”

The statement added that “the new reckoner [a table or device designed to assist with calculation] incorporates the directive for ECG to make the applicable electricity rate for 0-50 units of consumption inclusive so that all residential customers will enjoy the rate for lifeline customers. It also provides a subsidy which is energy based for industrial and commercial customer,” the statement added.

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