ECG Refunds Moneys

The Electricity Company of Ghana (ECG) has with effect from yesterday, reprogrammed its systems to effect the government’s 25 per cent subsidy for electricity consumption.

The company is also taking steps to refund monies already collected from customers since October 1, 2013 following the 78.9 per cent tariff increase by Public Utility Regulatory Commission (PURC).

Briefing the media in Accra yesterday, Daniel Azu, Head of Regulatory and Governmental Affairs, said following government’s absorption of 25 per cent of the 78.9 per cent increase as subsidy, ECG has subsequently reduced the tariff by that percentage.

Explaining the implementation of the subsidy he said, customers in the category E-Cash, during payment, would have the subsidied amount deducted and refunded to them.

The receipt issued at the time of payment, he said, should indicate the amount deposited, the applicable subsidy and total amount or credit offered the customer based on the subsidy.

Mr Azu said the same formula would be applicable to both customers using unit based prepayment metering system and post-paid customers.

He said that for a consuming 70 units translating into GH¢25, a 25 per cent subsidy would result in a reduction of GH¢5.32 from that amount, leaving the customer GH¢19.68 to pay.

Explaining how the 78.9 per cent tariff paid by customers since October would be refunded to them, Mr Azu said they would be compensated through additional credits as soon as they presented themselves to buy fresh units.

He said for the post-paid customers, steps had been taken to reverse the 78.9 per cent charges.

Mr Azu said the refund of the 25 per cent reduction in tariffs and the already customers’ bills took effect from yesterday.

He, however, said that statutory levies such as Value Added Tax (VAT), National Health Insurance Levy (NHIL) and streetlight levy, as passed by Parliament, would be maintained for customers to still pay. By Lawrence Markwei

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