15 percent reduction in electricity bill starts today

15 percent reduction in electricity bill starts today

- 15 percent utility reduction takes effect from today, April 1st

- Consumers of power are told to take notice of changes in their bill

- About 2 companies are preparing to take over ECG

You must expect a 15 percent increase in utility when you go top up your prepaid credit at any prepaid recharging shop in the country, the Electricity Company of Ghana (EGG) has announced.

ECG has explained that the full roll-out of the 15 percent reduction follows earlier assurance by the government. YEN.com.gh had earlier in March to electricity tariffs of between 17 and 30 percent for residential and commercial consumers.

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Head of ECG, Engineer Samuel Boakye-Appiah, had earlier explained why the reduction could not take effect as indicated. According to him, “the monthly billing cycle of the prepayment metering system does not technically allow ECG to implement the review in the middle of the month”.

Meanwhile, the government has shortlisted two companies eligible to take over the management of ECG. This is expected to ensure fewer challenges in the distribution and sale of power across the country.

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The ECG Private Sector Participation Activity is one of five activities under the ECG Financial and Operational Turnaround Project of the Ghana Power Compact Programme. These two companies are BXC Ghana and Manila Electric Company (MERALCO).

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Source: Yen.com.gh

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