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Business News of Tuesday, 16 January 2018

Source: atinkaonline.com

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

Nana Kofi Oppong Damoah, PRO for the Ministry of Energy Nana Kofi Oppong Damoah, PRO for the Ministry of Energy

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.