Sentences with phrase «in electricity tariffs»

It is emerging that the much anticipated reduction in electricity tariffs may take a bit longer than expected.

This is despite the fact that consumers experienced increases in electricity tariffs and interest rate hikes.

President Nana Akufo - Addo in January announced a 14 percent reduction in electricity tariff for non-residential users of electricity.

The Public Utilities Regulatory Commission (PURC) in March announced a reduction in electricity tariffs of between 17...

Recall that the Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Tuesday, justified the 45 percent increment in electricity tariff which takes effect from this month stressing that the action remained the only way to enhance stable power supply in the country.

Stakeholders» state that with a recession poised to sweep through the economy, an unstable currency washing out capital security and epileptic power supply forcing a dependence on generators, the hike in electricity tariffs will limit industry growth.

In a statement issued on Monday, 7th December, 2015, the PURC announced a 59.2 percent increase in electricity tariff across the board and between 69 and 89.8 percent increase in water tariff.

He indicated that the renegotiation of the contract is a contributing factor to the reduction in electricity tariffs announced by the PURC which took effect 1 April 2018.

The reduction in electricity tariffs came after extensive stakeholders» engagement and detailed analysis of proposals tendered by companies in the power distribution and supply chain.

Government and Organised Labour reached a deal on Wednesday for a reduction in electricity tariffs following recent hikes.

After the several failed promises to fix DUMSOR, and astronomical increases in tariffs, including a 52 % increase in electricity tariffs barely five months ago in July, the NDC government has now slapped another 59.2 % and 67.2 % hikes on electricity and water tariffs respectively.

The increase in electricity tariff despite the unstable power supply is an indication that every government in Nigeria is insensitive to the plight of the common man.

Ghana's Finance Minister Ken Ofori - Atta will present the 2018 budget to parliament on Wednesday amid government hints of a 25 percent cut in electricity tariffs mainly for industrial consumers.

Just days after the official launch of the feed - in electricity tariff program, Canadian Hydro Developers, Inc., the largest operator of renewable generation facilities in Canada, announced it had acquired the rights to a huge wind turbine project to be built in one of the Great Lakes.

The Public Utilities Regulatory Commission (PURC) on March 5 announced a 17.5 per cent reduction in electricity tariff for residential consumers and 30 per cent for non-residential users.

The PURC in December 2015 approved a 59.2 per cent increase in electricity tariffs.

On the basis of these interventions, if government recommendations to PURC are accepted, consumers will be expected to benefit from reductions in electricity tariffs.

Other Ghanaians expecting government's proposed one million dollar per constituency, one - village one - dam, One - District One - Factory, DKM customers, the scrapping of energy sector levy, reduction in electricity tariff and transport fares, reduction in Corporate tax from 25 % to 20 %, and 3 % Special import levy among others have also been pushing government to kick start the processes leading to their implementation.

During a rally after the New Patriotic Party (NPP) Delegate Conference in Cape Coast last weekend, Minister of Energy, Boakye Agyarko told Ghanaians there will soon be a reduction in electricity tariffs.

National Democratic Congress Member of Parliament for Bongo, Edward Bawa, has expressed fears that the reduction in electricity tariffs could plunge the country into another power crisis.

Speaking on Citi FM's news analysis programme «The Big Issue» on Saturday, President of policy think tank, IMANI Ghana, Franklin Cudjoe, said although reduction in electricity tariffs «is a good thing, we must be very cautious.»

The Finance Minister, Ken Ofori - Atta, has proposed an average reduction of 13 percent in electricity tariffs for residential consumers of electricity.

No Fewer than 300 protesters on Monday besieged the premises of the Federal High Court in Lagos to challenge increase in electricity tariff.

The Trades Union Congress (TUC) says it is not happy with the outcome of negotiations with government that only met one of their demands, the reduction in electricity tariffs.

This will be about the eleventh increase in electricity tariffs and the ninth in water tariffs since March 2012.

«If government recommendations to Public Utility and Regulatory Commission (PURC) are accepted, consumers will be expected to benefit from reductions in electricity tariffs,» he said.

Businesses particularly those in the mining sector, are expected to save millions of dollars to be channeled into other investments to grow their companies following the reduction in electricity tariffs.

As of September 2009, key features of the act have been implemented including Canada's first feed - in electricity tariff or FIT, that began accepting applications Oct. 1, 2009.