«As a result, fluctuating global oil prices have a tremendous effect
on electricity tariffs.
Not exact matches
This, together with hikes in utility
tariffs (
electricity and water) has irked the anger of majority of the populace, with some threatening to go
on the streets to demonstrate against the government.
It also organised a protest in the city of Port Harcourt against the federal government's inability to address the burning perennial fuel scarcity, zero megawatts and total lack of
electricity amidst increased
tariff and economic hardship unleashed
on Nigerians by the Buhari administration.
We have put consumers» interests — today and in the long term — at the heart of our policy, encouraging more competitors in the
electricity and gas markets, working with Ofgem to simplify the confusion of
tariffs, and getting tough
on abuses.
On the basis of these interventions, if government recommendations to PURC are accepted, consumers will be expected to benefit from reductions in
electricity tariffs.
President Nana Addo Dankwa Akufo - Addo, had revealed that the 2018 budget statement and fiscal policy will focus largely
on job creation and also announce a downward review of
electricity tariff.
Subsequent to this, he was emphatic in his promise
on the campaign trail to reduce
electricity tariffs immediately he assumes office as President of Ghana.
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.
The NPP's promise to pay all arrears owed contractors in 100 days, pay all customers of DKM, reduce corporate tax from 25 % to 20 %, reduce import duties
on raw materials and machinery for production, reduce drivers» insurance levies and cost of driver's license; and instant reduction of
electricity tariffs and transport fares were all not captured in the budget.
A little over a year ago, then Candidate Akufo Addo called for immediate reduction in
electricity tariffs.In a statement published
on myjoyonline.com and captured below, he attributed the «high»
tariffs to what he described as «the insatiable appetite for taxes» of the previous government.
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.
Also, Fitch forecasts that, «a high inflation could have a fiscal impact if it keeps domestic funding costs elevated (yields can be as high as 20 %
on short - term instruments), although we think the Bank of Ghana may have scope to ease monetary policy in 2017, as the impact of
electricity tariff adjustments drops out of CPI calculations, lowering headline inflation.»
We will gather, match through the streets, take the May Day to the real owners, the Nigerian workers and masses, to tell them that there is no
electricity despite the astronomical
tariff, that there is no fuel, that there are no good roads, that public universities are being closed down, that there are no jobs and so
on and so forth.
The various Utility companies including the Ghana Water Company Limited (GWCL), Volta River Authority (VRA),
Electricity Company of Ghana (ECG) and the Ghana Grid Company Limited (GRIDCo) are looking for a more than 200 % increment
on tariffs.
The demonstration dubbed, «Dimiiya» meaning «Times are tough» is aimed at renewing calls
on government to reduce what they have described as «Killer»
electricity tariffs.»
But speaking
on Radio Gold's Alhaji and Alhaji program, Mr Pratt observed that looking at «the current circumstance» there is no way the government will be able to reduce
electricity tariffs.
«Last week they told us oh don't worry; we promised we were going to reduce
electricity tariff; it's coming, we are going to reduce it drastically... look under the current circumstance, when we are shifting from hydro to thermal, and with the kind of prices crude oil is achieving
on the international market, if anybody tells you that they are going to reduce
electricity tariff in the face of the privatisation of the ECG, and you believe them, it is up to you.
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.»
While Miliband is focused
on energy bills, it might be worth someone pointing out to him that by not adopting the Government's Feed - in
Tariff reductions for small and larger - scale solar panels, Labour's plans would mean an extra # 90 a year for the average household's
electricity bill.
No Fewer than 300 protesters
on Monday besieged the premises of the Federal High Court in Lagos to challenge increase in
electricity tariff.
Labour has been agitating against hikes in water and
electricity tariffs and a new energy levy charged
on the utilities.
«The Synod is deeply dissatisfied that the power situation in the country is degenerating and poor services being rendered by the DISCOS, yet
electricity tariff is
on the increase.
Opposition parties in the Northern Region are set to demonstrate against government
on August 22, 2016 over what they call «killer
electricity tariffs».
The intended demonstration dubbed, «Di miiya» which means «Times are tough», will be a follow up to their earlier call
on government to reduce
electricity tariffs by 50 %.
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.
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.
«Unfortunately, the existing feed - in
tariff rules are too simple,» with pricing based only
on the energy technology developed rather than accounting for local and regional
electricity needs, he said.
The surest way to achieve these goals would be for the United States to set a rising price
on climate emissions, or create a «feed - in»
electricity tariff that subsidizes an expansion of renewable power, as Germany and Canada's Ontario province have done, said Rooney.
The system owner is paid an additional rate, called the export
tariff, for
electricity that is not used
on - site.
This means that instead of buying in
electricity from the grid at 10 - 15p / kWh you can be using your own free
electricity from your roof, and getting support from the Feed - in
Tariff on top of that.
In many cases, this will mean a rise of over # 60 a year for a typical household
on a standard variable rate (SVR) dual fuel (gas and
electricity)
tariff.
In terms of support for renewable -
electricity projects, feed - in -
tariffs have been more effective than green certificate trading systems based
on quotas.
Companies that want to help customers install
on - site solar facilities by using PPAs have argued that this section clearly permits customers to buy solar
electricity from third party suppliers when their utility doesn't offer a renewable energy
tariff.
Interconnection
tariffs range from about 12 - 28 per kilowatt hour of
electricity sent back to the grid, depending
on the power company.
As time goes
on, however, more and more project developers and utilities will find ways to make community - owned solar a viable option even without VNM, mainly by assigning alternative values to the solar power generated by the project — rates that are not connected to your
electricity tariffs.
Ontario Progressive Conservative leader Tim Hudak has vowed to kill the province's feed - in -
tariff program
on the grounds that, in his view, it is leading to unacceptably high
electricity costs for consumers.
The Australian can reveal that today's draft energy white paper will commit the government to working with the states to try to harmonise the feed - in
tariffs so that they do not impose an «unjustifiable burden»
on electricity consumers.
Projects awarded in Window 3 have a new
tariff system: a base price of R1.65 / kWh payable for 12 hours every day and a 270 % premium
on the base price payable for
electricity dispatched during the 5 peak demand hours.
In our last report
on green
tariffs ethical consumer recommended Good Energy
electricity, Green Energy (the Dark Green
electricity tariff), Utilita Planetsaver 1 green
electricity tariff and the Ecotricity New Energy Plus
tariff.
One thing I did discover in trying and failing to find my energy
tariffs on my suppliers website was «We generate more renewable
electricity than anyone else in the UK and Ireland.»
Going forward, new solar installations are widely expected to grow at a much slower pace than in previous years, due to
tariffs that President Donald Trump imposed in January
on imported solar panels and cells, the devices inside the panels that convert sunlight into
electricity.
Janda, Karel and Tyuleubekov, Sabyrzhan (2016): Empirical evidence
on renewable
electricity, greenhouse gas emissions and feed - in
tariffs in Czech Republic and Germany.
I've been following discussions of solar energy
on - and - off for quite a while, and it has always seemed as if it would be quite a long time, even assuming an emissions trading scheme or carbon tax, before solar photovoltaics could be a cost - competitive source of
electricity without special support such as capital subsidies or feed - in
tariffs set above market prices.
With falling battery prices, lowered feed - in
tariffs and increasing
electricity rates across Europe, it has become increasingly attractive to raise the share of self - consumption of the photovoltaic
electricity generated
on the homeowners» roof rather than sell it to the grid.
This would ensure a «level playing field» for competition in the
electricity and heat industries by guaranteeing non-discriminatory access to the high - and low - voltage grids, by setting transparent
tariffs based
on full costs and providing clear licensing rules for new players in the markets.
Green
electricity tariffs will become some kind of charity ghetto where customers elect to pay premiums to see contributions made
on their behalf, to the cause of their choice.
OFGEM decided a while ago that customers are confused, that they're not clear
on the benefits that green
electricity tariffs really bring and this is preventing larger scale take up (of green
tariffs)-- so they've decided to intervene, after 12 years of doing nothing at all in this sector, and set up an accreditation system that will give customers confidence in what they are being offered.
Officially known as the «Law
on Special Measures Concerning Procurement of Renewable Energy Sourced
Electricity by Electric Utilities,» Japan's feed - in
tariff (FiT) includes solar PV, wind, small and medium - scale hydropower, geothermal, and biomass.
Echoes of Gandhi in
Electricity - Generating Spinning Wheel: A «Micro-Power Plant» for the Poor Related Links
on Feed - in Tariffs UK Solar to Benefit from New Competitive
Tariff US's First Feed - In -
Tariff For Solar Power Could Be Adopted by Gainesville, Florida Renewable Energy Feed - In
Tariff Legislation Introduced in U.S. Congress
In January DECC submitted an appeal in which they noted that «the High Court's decision was based
on the view that the proposed approach to implementing new
tariffs for solar PV is inconsistent with the FIT scheme's statutory purpose of encouraging small - scale low - carbon
electricity generation» But DECC said «The overriding aim of the proposed reduction in
tariffs for solar PV (as set out in the recent consultation) is to ensure that over the long term as many people as possible are encouraged to install small scale low - carbon generation (including other technologies as well as solar PV) and benefit from the funding available for the FIT scheme.