21 September 2007 – Electricity prices in Ghana will be adjusted by between 60 and 100 percent come October, the Public Utility and Regulatory Commission of Ghana has announced.

Mr Kwame Pianim said on Friday that the Government was not increasing tariffs, but that the subsidy provided by the Government was to be removed.

"Consumers will now bear the full cost of electricity and water. This will force people to conserve energy and to signal to Independent Power Producers (IPPs) to come and invest alongside the Volta River Authority (VRA) to generate power," he stated.