Electricity tariffs likely to increase

Electricity tariffs likely to increase

vraElectricity tariffs are likely to increase between the months of October to December to signal to independent power producers that the country’s energy sector is being managed well; Chief Executive Officer of the Volta River Authority (VRA), Kirk Koffi has announced.

According to Mr Koffi, the move is in the best interest of Ghana; assuring that “things will get better soon”.

It would be recalled that tariffs were increased barely three months ago.

 

He further explained that most of the challenges the country was facing in the energy sector were as a result of low inflow of gas from Nigeria and one or two other technical challenges.“These problems are not permanent, they will be over very soon and we should be ok.”In a related development, government is set to contract private gas producers from Nigeria to supply Ghana with gas.This is because gas supply from the Nigerian government’s producer N-Gas has been erratic and below expectation.