{"id":469768,"date":"2018-03-05T05:26:28","date_gmt":"2018-03-05T05:26:28","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/03\/05\/purc-likely-to-recommend-12-5-reduction-in-utility-tariffs\/"},"modified":"2018-03-05T05:26:28","modified_gmt":"2018-03-05T05:26:28","slug":"purc-likely-to-recommend-12-5-reduction-in-utility-tariffs","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/03\/05\/purc-likely-to-recommend-12-5-reduction-in-utility-tariffs\/","title":{"rendered":"PURC likely to recommend 12.5% reduction in utility tariffs"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Monday,  5 March 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Myjoyonline.com <\/p>\n<p>2018-03-05<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/03\/79398058.295.jpg\" alt=\"Purc Logo1\" title=\"Purc Logo1\" width=\"295\" height=\"166\" \/><span class=\"image_caption\"><span>PURC logo<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125817929577\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125817929577\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/03\/1520227588_888_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\"> Public Utilities Regulatory Commission (PURC) is likely to recommend about 12.5% reduction in utility tariffs, according to information Joy Business has picked from persons close to the tariff review.<\/p>\n<p>The utility companies have been pushing for more than 50% hike in tariffs.<\/p>\n<p>Joy Business has learnt that all the utility companies recommended a significant increase in utility tariffs, with the Volta River Authority (VRA), which did not have its proposal captured during the public engagement, proposed as much as 128% tariff increase.<\/p>\n<p>The Electricity Company of Ghana (ECG), the Ghana Grid Company (GRIDCo) and the Northern Electricity Development Company (NEDCo) also proposed increases between 31% and 200%.<\/p>\n<p>The sources say the Commission raised questions about some of the proposals put forward by the power companies but failed to approve the figures.<\/p>\n<p>The PURC initially suggested an average of 27% increase in water and electricity tariff, however, after considering several factors the Commission is said to have settled on a 12.5% reduction.<\/p>\n<p>It is, however, not clear for now when the reduction would be announced, but it is certain is that it would be made before the end of the first quarter of this year.<\/p>\n<p>Meanwhile, before the announcement is made, the utility companies will also be pushing the PURC to alter the 12.5% reduction to a figure that favours them.<\/p>\n<p><!-- uploaded by: 49 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\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>Business News of Monday, 5 March 2018 Source: Myjoyonline.com 2018-03-05 PURC logo Public Utilities Regulatory Commission (PURC) is likely to recommend about 12.5% reduction in utility tariffs, according to information Joy Business has picked from persons close to the tariff review. The utility companies have been pushing for more than 50% hike in tariffs. Joy [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":469769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-469768","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/469768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=469768"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/469768\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=469768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=469768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=469768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}