Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    2026/2027 GPL: Kelvin Nkrumah strike sends Medeama top of league table

    Iraq celebrates Sovereignty Day as US troops complete withdrawal | ISIL/ISIS

    Huge room full of distraught children confront school district over violent behavior at chaotic New York school

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»News»2.45% electricity tariff hike necessary to avert ECG collapse
    News

    2.45% electricity tariff hike necessary to avert ECG collapse

    Papa LincBy Papa LincJune 28, 2025No Comments2 Mins Read20 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    2.45% electricity tariff hike necessary to avert ECG collapse
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    Mahama Ayariga is the Majority Leader Mahama Ayariga is the Majority Leader

    Majority Leader Mahama Ayariga has justified the Public Utilities Regulatory Commission’s (PURC) recent approval of a 2.45% increase in electricity tariffs, arguing that the move is necessary to prevent the collapse of the Electricity Company of Ghana (ECG) amid mounting debts.

    Addressing Parliament on Friday, June 27, 2025, he noted that although macroeconomic indicators such as inflation, fuel prices, and the exchange rate have remained relatively stable, ECG’s financial troubles require urgent attention.

    “Last year, efforts were made to prevent the PURC from adjusting the tariff, and as a result, there was no adjustment for the entire period. ECG is accumulating huge debts, and these debts must be paid. If we do not adjust the tariff to enable ECG to meet its obligations, the company will collapse. They won’t be able to purchase the inputs needed to keep the generators running, and we are going to experience power outages,” he stated.

    He further assured the House that the Minister of Energy and Green Transition is expected to appear before Parliament next week to elaborate on the tariff review process.

    “The bills must be paid. So, if the PURC is performing its mandate, I do not think there is a basis for claiming that just because the economy has improved, ECG’s debts will magically disappear. Consumers will have to pay part of these costs,” he added.

    Meanwhile, the Minority in Parliament has criticised the PURC’s decision to increase electricity tariffs by 2.45%, effective July 1, 2025.

    At a press conference in Parliament on Thursday, June 26, 2025, Ranking Member on the Energy Committee, George Kwame Aboagye, questioned the justification for the increment.

    “There is no justification for this increase. About 70% of our power generation relies on fuel and gas, Heavy Fuel Oil (HFO), and Light Crude Oil (LCO). Most generators are dual-cycle, so if HFO and LCO prices rise, we can switch to gas. The price of gas has not gone up,” he argued.

    The 2.45% increase, set to take effect on July 1, 2025, has triggered mixed reactions, with consumer groups, industry players, and civil society organisations divided over the timing and necessity of the increment.

    JKB/MA

    GhanaWeb Special: The gold market that fuels galamsey



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleAussie builder reveals the top five ways to cut your power bill before prices surge again
    Next Article Bombshell for Queensland after fullback Kalyn Ponga is ruled out of Origin decider with a foot injury
    Papa Linc

    Related Posts

    2026/2027 GPL: Kelvin Nkrumah strike sends Medeama top of league table

    October 1, 2026

    Iraq celebrates Sovereignty Day as US troops complete withdrawal | ISIL/ISIS

    October 1, 2026

    Huge room full of distraught children confront school district over violent behavior at chaotic New York school

    October 1, 2026
    Ads
    Top Posts

    Newsreader Sandy Gall personally lobbied Margaret Thatcher’s government to back the Mujahideen

    July 4, 2025160 Views

    Secret code break that ‘solved’ the Zodiac killer case: Expert who unmasked single suspect behind two of America’s darkest murders tells all on bombshell investigation

    December 24, 2025156 Views

    Tech entrepreneur uses ChatGPT to create a personalised cancer vaccine for his DOG – and the breakthrough could soon help humans too

    March 14, 2026132 Views

    Meet the ISIS brides arriving in Australia TODAY – as Anthony Albanese tries to have it both ways

    May 7, 202684 Views
    Don't Miss
    News October 1, 2026

    2026/2027 GPL: Kelvin Nkrumah strike sends Medeama top of league table

    Medeama SC have moved to the top of the Ghana Premier League table after beating…

    Iraq celebrates Sovereignty Day as US troops complete withdrawal | ISIL/ISIS

    Huge room full of distraught children confront school district over violent behavior at chaotic New York school

    To the Moon: The Phrase That Moved Markets and What It Actually Means

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    2026/2027 GPL: Kelvin Nkrumah strike sends Medeama top of league table

    Iraq celebrates Sovereignty Day as US troops complete withdrawal | ISIL/ISIS

    Huge room full of distraught children confront school district over violent behavior at chaotic New York school

    Most Popular

    “We Nigerians love you people, don’t be a client” – Tiktoker Peller tells UK young boy (VIDEO)

    December 20, 20240 Views

    Pharmacist told patient her son’s autism was caused by MMR jab and recommended he ‘detox’ by taking ‘vitamins’

    February 11, 20250 Views

    Yaayi! Kweku Flick drops the ultimate confidence booster

    February 20, 20250 Views
    © 2026 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.