{"id":422836,"date":"2017-09-27T19:48:23","date_gmt":"2017-09-27T19:48:23","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/09\/27\/reduction-in-electricity-tariff-will-take-effect-in-2018-boakye-agyarko\/"},"modified":"2017-09-27T19:48:23","modified_gmt":"2017-09-27T19:48:23","slug":"reduction-in-electricity-tariff-will-take-effect-in-2018-boakye-agyarko","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/09\/27\/reduction-in-electricity-tariff-will-take-effect-in-2018-boakye-agyarko\/","title":{"rendered":"Reduction in electricity tariff will take effect in 2018 \u2013 Boakye Agyarko"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Energy Minister\u00a0Boakye Agyarko has assured Ghanaians they will witness a reduction in their electricity tariffs in 2018.<\/p>\n<p>He told journalists at a news conference in Accra Wednesday, the changes would be announced during the reading of next year\u2019s budget in Parliament.<\/p>\n<p>He explained, their intention when they took over government was to address issues with power supply\u00a0before tackling the cost.<\/p>\n<p><!-- \/1002554\/Myjoyonline.com_InArticle_300x250 --><\/p>\n<p>Heaving a sigh of relief that power supply has been stabilized across the country, Mr Agyarko said government is now ready to reduce electricity prices.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/09\/1506541703_767_8153169798147_442667192624.jpg\" style=\"border-style:solid; border-width:5px; height:462px; width:640px\" data-pagespeed-url-hash=\"2941033914\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\" \/><\/p>\n<p><b>Energy Ministry Boakye Agyarko<\/b><\/p>\n<p>\u201cOur next mandate is to reduce the prices which take several forms,\u201d he said.<\/p>\n<p>Ghanaians had been expectant their electricity tariffs would be reduced when Finance Minister, Ken Ofori-Atta presented the 2017 budget but that was not to be.<\/p>\n<p>The high\u00a0expectations for a reduction came from promises by the then candidate Nana Akufo-Addo during the heat of the 2016 election campaign.<\/p>\n<p>Five months into government,\u00a0the NPP government abolished the\u00a0excise duty on petroleum and a reduction of special petroleum tax rate from 17.5 percent to 15 percent but that has yet to affect the prices of electricity.<\/p>\n<p>Critics who have not seen a reduction in prices of electricity have taken on President Nana Addo Dankwa Akufo-Addo, describing his promise as a \u201cvote-buying\u201d gimmick.<\/p>\n<p>Ghana\u2019s electricity tariff for commercial users is $0.32 per kilowatt hour while domestic users pay $19.28 cents for the same consumption.<\/p>\n<p>But neighbouring Ivory Coast charges $0.13 cents for commercial users per kilowatt hour and $9 cents per kilowatt hour domestic users.<\/p>\n<p>Mr Agyarko explained the price disparity is due to the fact that the Francophone country produces cheaper power than Ghana.<\/p>\n<p>\u201cSo we have to find a way to reducing the cost of production,\u201d he said, hinting at the readiness of government to drive price reduction in tariffs by next year.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy Minister\u00a0Boakye Agyarko has assured Ghanaians they will witness a reduction in their electricity tariffs in 2018. He told journalists at a news conference in Accra Wednesday, the changes would be announced during the reading of next year\u2019s budget in Parliament. He explained, their intention when they took over government was to address issues with [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-422836","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reduction in electricity tariff will take effect in 2018 \u2013 Boakye Agyarko - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/09\/27\/reduction-in-electricity-tariff-will-take-effect-in-2018-boakye-agyarko\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Reduction in electricity tariff will take effect in 2018 \u2013 Boakye Agyarko - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Energy Minister\u00a0Boakye Agyarko has assured Ghanaians they will witness a reduction in their electricity tariffs in 2018. 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