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Business News of Tuesday, 16 January 2018


Only registered commercial users will enjoy 14% cut in electricity tariffs – Energy Ministry

The Public Relations officer (PRO) for the Ministry of Energy, Nana Kofi Oppong Damoah, has clarified that, only registered commercial users will benefit from the 14% cut in electricity tariffs announced by the President.

President Nana Addo Dankwa Akufo-Addo, has announced that, as from January this year, non-residential users of electricity in the country would enjoy an average of 14% reduction in electricity tariffs.

According to President Akufo-Addo, not only has government succeeded in normalizing the power situation in the country, but "now want to boost private business in our country.”

“From January this year, the non-residential tariff rate, which is the rate which includes all of you here, is being reduced by an average of 14%. For barbers, it is being reduced by 18%; for hairdressers and beauticians, 15.7%, and for tailors, 9.8%,” he said.

However, speaking with Ekourba Gyasi on Atinka AM Drive Tuesday, Nana Oppong Damoah stated that the cut in electricity tariffs will only be enjoyed by non-residential consumers of electricity who have registered.

He stated that, the reduction was based on the average bills non-residential users of electricity were paying prior to the reduction.

“Users who acquired the meters for residential users but use it for commercial purposes will not benefit from the 14% cut since the meters will be classified as residential meters,” he explained.